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Expected moves during week end

Posted on September 12, 2008 at 5:13 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the drop to break the psychological lower levels and then firmed up during US session as expected yesterday.Other majors are expected to make a small rise towards close of Japanese session and then drop quickly up to low or cut the low in some pairs and then recover slowly from mid European session.Similarly a dip during US session start and firm closing expected for week end.

There are the expectations only and may be used as reference in your market analysis and donot over commit that may lead to risk of equity.

Regards

Dr.Sivaraman

13 Responses to “Expected moves during week end”

on 12 Sep 2008 at 6:09 am1Real

Dr. S. Sivaraman, Good morning. Yesterday, you were right : “EURO and GBP are expected to cut the lower psychological levels during late European sesssion cutting the present lows and then slowly firm up during US session.Tomorrow wild moves are expected for week end.”

Please be more specific about the “wild moves” of today. Will EURUSD (& EURJPY) trade down this morning during european session and firming again during US ? Please give it your best shot. What will the trading range for today be and when do you think the bottom will be touched; during which sesion ?Tks/Rgds, Real.
on 12 Sep 2008 at 7:03 am2Real

Dr. S. Sivaraman, Is this the rise towards end of Jap Session witnessed now ? Do you still expect a sudden drop and even cut of lows to follow shortly (referring to EURUSD & EURJPY) ? Tks/Rgds, Real
on 12 Sep 2008 at 8:16 am3St_Fx

Hi Dr,
“that may lead to risk of equity” say some thing more that you wrote in your last paragraphs.
on 12 Sep 2008 at 8:47 am4sean

HI Doc,

what do you mean when by TENDING?
on 12 Sep 2008 at 9:00 am5Dr. S. Sivaraman

Dear Real
Wild means very quick up and down moves.
it appears now to me that the downward stop hunt move is almost over and there could be more upward stop hunts.I will watch till mid European aession and probably explain what could happen for rest of the day.
Regards
Dr.Sivaraman
on 12 Sep 2008 at 9:03 am6Dr. S. Sivaraman

Dear 3St_Fx
I just gave my expected market moves.The trading decisions are to be made by the respective traders as they know how much risk they can take in their eqity.
Regards
Dr.Sivaraman
on 12 Sep 2008 at 9:05 am7Dr. S. Sivaraman

Dear sean
Tend = intend to = more likely
Regards
Dr.Sivaraman
on 12 Sep 2008 at 9:25 am8sean

thanks Doc
on 12 Sep 2008 at 9:26 am9sean

Dear Doc,

thanks for the reply
on 12 Sep 2008 at 9:52 am10Raghav

Hi Doc
What do you expect in the evening trading sessions after US market opens?What could be the effect on gold and silver?
on 12 Sep 2008 at 10:11 am11Dr. S. Sivaraman

Dear Raghav
During US session I am expecting a quick rise in EURO and GBP Gold and Silver are expeted to recover before the majors during that session.
Regards
Dr.Sivaraman
on 12 Sep 2008 at 10:53 am12vinesh

dear doc as per your analysis have we seen the bottom on euro now?
on 12 Sep 2008 at 1:18 pm13Dr. S. Sivaraman

Dear vinesh
breaking all psychological level is the normal observation for the turn around point.Like how they showed 1.6045 they have shown briefly 1.3882 for day.
Regards
Dr.Sivaraman

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