14 Responses to “EURO and GBP are expected to make surprise rise”

1. on 10 Mar 2009 at 7:28 am1Rahul

   Dear Doc,
   Can u say that this is a bottam for GBP and strong reversal can take place in this currency (since it always move 3-4 big fig) may touch 1.46 within 1 and half weeks time???
   Regards,
   Rahul

2. on 10 Mar 2009 at 8:15 am2Barry

   Dear Dr.
   I think 1.2750-70 will cap as the high for euro 1.3880-3910 for gbp today. We probably will see new low for gbp.
   Still early for a confident long position even I am longing euro.
   Regards.
   Barry

3. on 10 Mar 2009 at 8:22 am3Cananas

   Hello Dr. I have a question about the time zone now that new york has changed by 1 hour, would this affect the gmt time zone for your strategy. And also what do you mean if we supposed that gbp usd drop in begining of the week and firmed up during us and asian session and you said that we are expected to swing and rise. What does this means. That will swing which way…on this example

4. on 10 Mar 2009 at 10:07 am4Robert

   Doctor S:

   Have a look at this article today on MarketWatch.com - the Austrians claim the Easter European debt problem is FAR SMALLER than feared - due to GROSS MIS-INTERPRETATION of Bank of International Settlement data.

   http://www.marketwatch.com/news/story/Austrias-Erste-says-debt-levels/story.aspx?guid={F7C61CF2-FB3C-4373-B59C-92E0F41D5D30}

   If their contention proves correct - perhaps the Euro outlook should be revisited in light of this ?

   Robert Lahey

5. on 10 Mar 2009 at 2:15 pm5Francesco

   Good afternoon Mr. Sivaraman,

   after some sessions of trading on AUDUSD, I decided to stay with a long position (opened at 0,6359).

   Do you think there room for more upside on this pair?

   Thank you!

6. on 10 Mar 2009 at 5:50 pm6Sacaria

   EURO and GBP are expected to make surprise rise!!!!!!!!!!!!!!!!!!!!!!BUT EURO and GBP made surprise drop as good gift ??????????

7. on 10 Mar 2009 at 5:50 pm7delavionso

   Dear Doc,

   We have seen today that 1.2810 is a very strong resistance level and it cannot be broken for the time. Eur will go back where it was 2 days ago and even more. I have taken a short position at 1.28 with target 1.233 to book profits.
   GBP did not make any recovery as you expected. why do you think GBP did not manage to make any recovery and why eur did not go above 1.28?

   TY
   DELAVIONSO

8. on 10 Mar 2009 at 5:58 pm8alimohammed

   dear doc,

   how you feel about EURO and GBP,astronomical cycle is not feavour for EURO and GBP till March 19 th.it can further fall 300 pips down.please verify with your algoritham.

9. on 10 Mar 2009 at 6:10 pm9delavionso

   Dear Doc,

   EUR AND GBP FALLINGGGGGGGGGGGGGGGGGGGGG
   YESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

   REGARDS,
   DELAVIONSO

10. on 10 Mar 2009 at 6:45 pm10cris jonothan

    dear sivaraman, when do you expect the rise both euro and gbp, are going down and down and down. i think gbp will go under 1.35.

11. on 10 Mar 2009 at 9:16 pm11Shiv

    Dear Doc:

    Judging by the continued pressure that GBP has been facing, I think it is bound to go under 1.35. I am short GBP at 1.39 with a price target of 1.34 for this week (stop loss 1.40).

    I also think that after making a new low, GBP is bound to bounce back. So, if my target of 1.34 is met, I plan to go long on GBP in the 1.33 - 1.34 range with a target price of 1.43 (2-3 week holding period). Pls advise. Thanks

    -SHIV

12. on 11 Mar 2009 at 7:21 am12su25

    Dear All
    Eur & Gbp did rise and THEN drop! Doc predicted the rise (and not the fall), and he did not quantify the levels, so Doc is right

13. on 11 Mar 2009 at 7:40 am13Ahmad Yahya

    i think if EURO break the Support in thunnel @ h4 (1.2630), so the currency will be down until 1.2450

14. on 12 Mar 2009 at 6:49 am14Lokes

    Dear sivaraman,
    I am interested to know about the fate of Indian Rupee. What is your opinion based on the current market.

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