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

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Expected market moves for today

Posted on March 26, 2009 at 5:53 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the quick correction and recovered some yesterday as expected .

They are expected to swing near high during Japanese session and then quickly correct again during European session and slowly recover from mid European session and firm up during US session.

Tomorrow for week end,there will be higer level opening during start of Japanese session and further rise during European session.A quick drop during early US session to hit the middle level stops and further rise as spike during US session is expected.

Dips are buy opportunities today to book profit during upward spike tomorrow.market is expected to close above season high for week end.

Regards

Dr.Sivaraman

13 Responses to “Expected market moves for today”

on 26 Mar 2009 at 7:03 am1Gregor

Hi,

I see long term “fair value” of EUR/GBP at 0,68. It’s far away now, but within a year we can reach there in my opinion. What do you think?

Regards,
G.
on 26 Mar 2009 at 8:25 am2Francesco

good day Mr. Sivaraman,

Do you think that EUR and GBP will be able to reach 1,45 and 1,6 during next month?

Equities rallied very quickly and strongly from the lows reached at the beginning of March.
Do you believe the positive correlation of EUR,GBP and AUD with the markets is going to continue?

Thank you
on 26 Mar 2009 at 8:42 am3Francesco

good day Mr. Sivaraman,

Do you think that EUR and GBP will be able to reach 1,45 and 1,6 againts USD during next month?

Equities rallied very quickly and strongly from the lows reached at the beginning of March.
Do you believe the positive correlation of EUR,GBP and AUD with the markets is going to continue?

Thank you
on 26 Mar 2009 at 6:28 pm4Barry

Dear Dr.
Euro/Gbp pair did not drop today as expected. They did not drop euro as heavily as Gbp. Do you think that they will drop euro later on to catch up? then it would not be good to buy toady for an expected spike tomorrow. Otherwise, the euro/gbp pair will be even up further.
Regards.
Barry
on 26 Mar 2009 at 7:51 pm5Ben

Barry,

They could drop EUR/GBP by rising more GBP than EUR, but still rising EUR…
on 26 Mar 2009 at 9:04 pm6Shiv

Dear Dr:

There was a big disconnect today with the stock market for EURO and GBP during the US session. Do you think this will continue?

I am expecting a big bear onslaught on the DOW (200-300 point drop)on Friday after the good run-up we saw today. If that happens, do you think the GBP can test 1.42?

Thanks
SHIV
on 26 Mar 2009 at 9:10 pm7saud

hi Dr.

what do think about eur/usd?
will they have spike as well?
on 27 Mar 2009 at 5:52 am8Dr. S. Sivaraman

Dear Gregor

Yes EURO/GBP is expected to swing and slide to 0.70 area in 2 months time
Regards
Dr.Sivaraman
on 27 Mar 2009 at 5:54 am9Dr. S. Sivaraman

Dear Francesco
yes they are expected to rise fast from today.there is no real correlations among the markets.They may appear related during different time frames.
Regards
Dr.Sivaraman
on 27 Mar 2009 at 5:55 am10Dr. S. Sivaraman

Dear Barry
A quick drop to hit the stops below low and then rise is the expected move in EURO and GBP today.
Regards
Dr.Sivaraman
on 27 Mar 2009 at 5:57 am11Dr. S. Sivaraman

Dear Shiv
stocks are expected to rise very big next month.EURO and GBP are also expected to swing and spike up.market sentiments are short lived and they continue to change from time to time.
Regards
Dr.Sivaraman
on 27 Mar 2009 at 5:57 am12Dr. S. Sivaraman

Dear saud
There will be a rise in EURO for week end.
Regards
Dr.Sivaraman
on 27 Mar 2009 at 9:53 am13Barry

Ben,
Thanks for your explanation.
I know the corrections and consequences.
But the market just does not follow our expectations.
The euro/gbp is higher and higher and finally took my 200pips profit away.
Barry

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