6 Responses to “Subdued moves during European session”

1. on 11 Nov 2008 at 11:40 am1ben

   Hi Dr

   You mentioned that all the majors are to recover in late european session and rise in the us session.

   Where do you think the gbp will rise to today ?

   Do you still hold the view that we are going to see big rise in the gbp this week ?

   Appreciate if you can share your opinion on the above.

   cheers
   ben

2. on 11 Nov 2008 at 12:27 pm2Ben

   Hi ben,

   Would you please be kind enough to post with a different name, since i’ve been posting with this name for 6 months.

   Thank you

3. on 11 Nov 2008 at 12:33 pm3B

   Ben Sorry about this

   cheers

   B

4. on 11 Nov 2008 at 12:55 pm4Malcolm

   Hi Dr. S,

   Market is showing no momentum whatsoever in the last two days. I’m just wondering what the players are really up to. Some of the institutions are closed here in US today due to the Veteran’s Day Holiday and no data release is expected either. I guess, today, we just can expect some subdued moves back and forth for stop hunts.

   What do you think Dr.?

   Thanks,
   Malcolm

5. on 11 Nov 2008 at 3:40 pm5Dr. S. Sivaraman

   Dear b
   I still hold the opinion that there will be definite rise in EURO and GBP unassumingly.But still it has not become visible.I am confident they will rise with vigor as a compensatory move for prolonged lower level consolidation.
   Regards
   Dr.Sivaraman

6. on 11 Nov 2008 at 4:13 pm6Dr. S. Sivaraman

   Dear Malcolm
   Your assumption could be true.Holiday mood and low volume.So the nominal slide is happening without support.But in other countries the trades might go on.My next expected rise from Japanese session tomorrow and during US session.Hope the moves will compensate the slides we see now.
   Regards
   Dr.Sivaraman

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