EURO and GBP are expected to alternatively swing and rise USD/YEN is also expected to swing and gain as contrarian move. As a result YEN crosses are expected to gain levels as well. Avoid short selling.
Alternate gaining moves when holding other is to handle their respective crosses by the players. Players are expected to be aggressive this time.
Trade with care.
During this week 02-06 April the players are expected to make monthly trend reversal volatile moves including contrarian moves of denominator currencies- rise and drop of USD/YEN and USD/CHF along with EURO/USD and GBP/USD..
EURO and GBP made yesterday week beginning false move of dip to rise from today till week end. They are expected to make less drop more rise moves in coming days.
The players are expected to make very volatile moves in the market as it is the last week of month -(26-30 March) – to handle the derivative markets.
There will be up and down alternate moves .Kindly trade with care – use hedge order to limit the risk.
EURO and GBP are expected to make sideways and slide moves and then rise during month end time. USD/YEN is also expected to swing and rise along with EURO and GBP as contrarian move.
Now the day light saving time is on in both US and Europe. Accordingly the session timings will be as follows:
Japanese session- 00:30-07:00 GMT
Gap time 07:00-07:30 GMT
European session 07:30-13:00 GMT
gap time 13:00-13:30 GMT
US session 13:30-20:30 GMT
gap time 20:30-00:30 GMT..
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All the best in your trades.