EURO and GBP are making range bound swings between high and low.There could be higher level longs and lower level shorts pending in the market.The players will try to make the swing as wide range swings and create fear for both the holders and stop them out before making further moves for the week.
Tomorrow there could be a quick drop during European session start and then the recovery and firming up moves seen.
Regards
Dr.Sivaraman
Operators' intentions read by 

What do you see for the week ending moves?
Dear Sir,
I have been following your readings and your success rate is very impressive. Noboday get’s it right all the time…That’s an inherent feature of FX markets. Congratulations for your perseverance and being of such help to many… When is your next update for the day?
Thanks & Regards
Hi Dr. Sivaraman! long time without talking, and I decided to made a “visit”. I was wondering, what do you thing about the famous US bailout plan, meaning capital inyections and of such amount (almost 5% of the country GDP)effects in a country economy.
Regards
Val
doc,
any comments on the market for today?
I guess the Doc doesn’t comment often anymore like he used to. That is too bad. I enjoyed his comments.
s
Doc,
Do you think that the current moves of the GBP, EUR ahead of the “offical” announcement are FALSE moves?
Do you believe that they will reverse after all the euphoria is gone.
Thanks
Dear Doc,
Doc I hope you return shortly
Dear mike
I have now given the post for week end.
Regards
Dr.Sivaraman
Dear Valeria Bednarik
Thanks for your nice question.Sorry I could not promptly reply due to my illess yesterday.
I welcome your copperation of visiting each others’ blog and interact so that the readers will also read all the blogs and take their own decisions for their trades.
Captal injection is in the form of facilities and concessions in my opinion and not direct giving of hot cash.The figures can be compared with GBP or trade deficit etc.but they are not of comarable conditions and the later are physical cash generation and the former is just a facility or liquidity to the company by not collecting their tax immediately or relaxing the cash reserve ratio etc so there is no physical out flow of money for Fed and it is only willing to delay the collections of what is due to them.
This sort of bailout programmes are often given by the nodal bank of every country just to boost the market confidence and they donot directly involve themselves in speculative market operations.
it is almost similar to trade deficit of a country and that is notmally revolving.Only when the economy is made to rest on grinding halt such decicits or liquidity injection can become physical deficit.
Market will forget this soon when another issue is being high lighted like elections- it is just my view point.
Regards
Dr.Sivaraman
Regards
Dr.Sivaraman
Dear mike
probably due to low volume swings the market is being delayed of its risae to next week.
Regards
Dr.Sivaraman