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Friday, August 25, 2006

Market Waits for What ?

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Where do the traders have there Ears stick at?
Where do the traders have there Eyes Stick at?
Where do the traders have there Mouse click set at?

Read Below, Could be an Interesting day today, If All the traders are READY. Maybe many could be sleeping, due to end of week, :)

Main Buzz today is 14:00 GMT, when Bernake Speaks.

Keep Eye in these things, Cause we did see big movements when Greenspan gave similar topic speech

EUR/USD
GBP/USD
USD/JPY
And few other currencies.

Gold, Silver shall be most watched in Precious Metals

Do watch Equities,

People are little Quiet, but we might not expect same big movements like Before, as many traders still in Vacation.

We hope not to see SPIKES all over the Board, if you remember, we happened to see this few backs that, which frustrated many traders, And EUR/USD took a dip and recovered again, due to covering all the orders.

Gold Stayed at the Support Boundary, where we mentioned 618-622 (REMEMBER this support) Its the Key One.

OUr Analysis team has found out the Key of how Gold is reacting, we need to see next week, how it goes, and then we will publicly mention, on our Analysis.

Cheers, we shall advice further

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