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

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Week beginning expected market moves

Posted on March 23, 2009 at 0:17 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made higher level swings for week end appearing as if further rise could be limited.But they are expected to open higher for week beginning being the last week of the month .They are expected to swing at higher levels and rise further for week beinning during Japanese session.After subdued swing moves during European session they are expected to rise again during US session.

Tomorrow (24th March) they are expected to open higher during Japanese session start and then to slide with swings during European session and drop during US session as profit booking moves of their positions and to induce the long holders to book profit before the mid week further rise.

As I will be away today and early tomorrow I may not be able to give replies to the questions immediately.I will reply once I am back from my other work.

Market is expected to make interesting moves in this week to change the global market sentiments.

Regards

Dr.Sivaraman

3 Responses to “Week beginning expected market moves”

on 23 Mar 2009 at 6:19 am1Rahul

Dear Dr.

How was my prediction 2 weeks back when GBP was 1.38-1.39? i ask u about GBP can reach 1.46 level…in 2 weeks..

Regards,
Rahul
on 23 Mar 2009 at 8:15 am2Arun kandal

Hi Dr Shivaraman

There is my position open at 1.4000 level and now gbp is going up ,should i close my position or wait for near low at 1.4200-43 area. please suggest me.thx

Regards
Aun andal
on 23 Mar 2009 at 12:34 pm3vinesh

doc does not look like we are having a high level start to the US session

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