part 2- predictions-how will greek elections affect euro,forex markets,stock markets this week june 18-22

You can read more prediction  blog www.allpredictions.blogspot.com 

predictions for NBA finals 2012 and Eurocup 2012 just posted ,scroll down below to read

First part of short and longer term prediction about Greece eurozone was posted last week on this and other blogs

In part 1 of our prediction posted few days back we predicted new beginning for Greece away from austerity driven policy environment hence a bigger role fro parties like Syriza.

In part 2 our intention was to see how outcome in Greece would affect forex markets  trades in  Euro and some key stock market indics. Our intention was to derive outcome of Greece elections based on predicted trend in these financial indicators

The results here in part 2 seem to agree with prediction of short and medium term nature posted earlier-Likely vote for Change in Greece.

Warning and disclaimer:We expected to see strong one way movement in predicted variables but were surprised to find corrections deepening/occurring around mid week( Wed-Thursday.If correct, This may be indicative of delay in Greece government formation

Part 2-Fallout of Greek elections on Euro,World Markets for week June 18-22

Forex	Prediction for this week
EURUSD	Sharpest correction around mid week. Sell on Early week rise
EURJPY	Sharpest correction around mid week. Sell on Early week rise
EURGBP	Sharpest correction around mid week. Sell on Early week rise
EURCHF	Sharpest correction around mid week. Sell on Early week rise
EURYuan	Sharpest correction around mid week. Sell on Early week rise
Stock market indices
Dax30	Mid week correction after early rise
CAC40	Mid week correction
Dow30/Sp500	Relative outperformer but does not escape mid week correction
Sensex	Peaks by mid week but looses steam
Athens Index	Sharp correction but end week bounceback
Overall( both forex and Stock markets)	Emphasis is on overall trend not on individual markets.Most indices show “shock correction” mid week but recover