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

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Next level rise expected

Posted on March 11, 2009 at 7:18 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the rise and fall yesterday to give the feel that the estimated resistances are acting well.Today EURO and GBP made the drop during Japanese session to rise during European session.Then early US session a drop and spike up moves are expected in them.Mid week they are expected to make more rise and less fall move and then more rise till week end are expected.

These are expectations and may vary in real market conditions.Use the blog as additional input in your market analysis if found useful and later take trading decisions.

Slowly the risk aversion and risk appetite expressions are expected to vanish and new terminologies are to replace.Still the market is meant to make only up and down moves as usual.

Regards

Dr.Sivaraman

9 Responses to “Next level rise expected”

on 11 Mar 2009 at 7:27 am1su25

Dear Doc
I suppose ever trader expects up and down moves like waves. One can surf those waves, and every once in a while we get big waves to ride. But you have been predicting a Tsunami, and that does not happen so often!!
on 11 Mar 2009 at 10:34 am2Francesco

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!
on 11 Mar 2009 at 12:04 pm3Dr. S. Sivaraman

Dear su25
I agree with your views and comments.I am posting my views and the market may follow or may not follow.You can judge the dependability and take your trading decisions.
Regards
Dr.Sivaraman
on 11 Mar 2009 at 12:05 pm4Dr. S. Sivaraman

Dear Francesco
You can keep stop at 1.6370 and wait to maximize the profit by week end.0.66 area is expected.
Regards
Dr.Sivaraman
on 11 Mar 2009 at 1:11 pm5Francesco

Thank you!

I am actually a bit worried since tomorrow labour data will be released in Australia, also NZ bank is going to cut rates.
Nevertheless Aud appears to be well substained in the 0,63 area.
Will keep a stop profit as you suggest
on 11 Mar 2009 at 7:54 pm6Barry

This predicted spike up is great!
I set a profit target at 1.2920 for some long positions and see what will happen next. I don’t think it will go directly over 1.30 even I wish so. My analysis also has a possibility to go under 1.26. Better to be careful here.
Thanks for the view.
on 11 Mar 2009 at 8:54 pm7Parham Geramifar

Dear Dr.Sivaraman,

Hello,

Thanks for your great comments! In my model, there is a potential to reach the 1.54 target for GBP/USD.

I think the players move the markets to the possible extremes!

Yours Truly,
Parham Geramifar
on 12 Mar 2009 at 8:04 am8Dr. S. Sivaraman

Dear barry
We could see further rise and upward spikes in coming days.
Regards
Dr.Sivaraman
on 12 Mar 2009 at 8:05 am9Dr. S. Sivaraman

Dear Parham Geramifar
I am expecting the rise till mid Jul.So we may see even 1.85 area by then in GBP.
Regards
Dr.Sivaraman

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