After a relaxing Labor Day weekend I was able to start the week off strong with +27 pips today. See how it all went down in today's Cowabunga Surf Report. (Video Included)
FOREX-Euro hits 3-week high, pares gains; sterling falls
The country's forex reserves rose marginally $293 million to touch $282.8 billion, for the week ended August 27, 2010, the RBI, said in its weekly statistical supplement released on Friday.
Welcome to the FXReturn.com London Forex Market Call for Friday September 3rd.,2010. GBP/USD: Closes near the lows of an inside trading day as the market spent much time during the session below the 50 day average. A break below 1.5326 will spark a sell off down to 1.5238. Conversely, A piercing of the 1.5490 will ignite a rally into the 1.5616. Stochastics are entering oversold territory | GOLD: Closes near the highs of the session but couldn't quite pierce the 1254.5 area. Once the market trades through 1254.5, a rally into 1264.8 could ensue. 1237.3 is near term support | Daily FX Forum visitors can sign up for our FREE Live Interactive Webinars and Live Trading Room at FXReturn.com as well as review our latest TON: Trade On News Plans for the upcoming week. Please click the following link to view our daily research: LondonMarketCallCreated with Camtasia Studio 5

Today (30 Aug) during japanese session I presented Asian session Live market analysis webinar,explaining what could be the possible moves we could see in this week

The link: http://www.fxstreet.com/live/sessions/session.aspx?id=b06f13e7-bb24-484e-8e71-c13378659691

You may listen to that and understand the intended moves of the players.

Regards

Dr.Sivaraman


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