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Operators' intentions read by Dr. S. Sivaraman, of i-knowindices.com

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US session expected moves

Posted on November 6, 2008 at 17:38 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made big either way stop hunt moves during BOE and ECB rate decision times.The moves were so fast and traders would not have taken any possible positions.Now the slide is seen during the mid US session and the recovery is expected from now till close of this session.

Tomorrow for NFP data release time initial drop and then rise expected for week end.I am expecting EURO and GBP reach above this week high by then.These are the expectations and may vary during real market move times.

Regards

Dr.Sivaraman

2 Responses to “US session expected moves”

on 06 Nov 2008 at 9:21 pm1pepe

Doc, you mean GBP and EUR will drop BELOW the LOWS, right?
ahahahaahah
GBP will go to 1.50 and EUR to 1.20
it’s time to update your model….
on 07 Nov 2008 at 9:08 am2pascal

with the expected US data today,which way is th USD heading?

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