EURO and GBP were doing prolonged lower level consolidation - holding near low- and making session start and session close time downward stop hunts - a typical move before the big upward rise.The players are expected to make the rise by using the ECB president speech as trigger.
Regards
Dr.Sivaraman
Operators' intentions read by 

Hi,
do you expect GBP and AUD to rise even more than EUR this week?
Regards,
G.
why do you keep saying this only one thing for a whole week now?
i consider your posts as a monthly trades
Dear Gregor
all majors are expected to rise
Regards
Dr.Sivaraman
ya, it’s now whole week that i’m just listening to this rise, but not even once it did, even now i wait for that
Dear saud
When market tests patience traders get angry with me,because they cannot get angry with the market.many analysis say sell,only I am recommending buy,but many traders buy because the market is near low,the players also consolidate and test patience,I receive all the blames as if I am handling the market.I am used to this.
I am expecting the rise and perceive today’s drop as week beginning opposite move of the intended move they want to make for rest of the week.
Regards
Dr.Sivaraman
speech finished? still not rise? because euro will now test near 1.309
have fun
Dear saud
When you decide to have fun the players have become serious in firming up EURO and GBP- so it shows clearly the traders lose patience very often.Actually market rewards patience.
Regards
Dr.Sivaraman
I guess what we have to remember is that these are predictions and not buy or sell signals. For me, I agree with saud on a few things but I know ultimately I am the trader that has to decide when to enter and exit the market. Euro has gained over 100 pips back towards 1.33 but I would wait until Thursday news events to enter the market.