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

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Month beginning - expected market moves

Posted on April 1, 2009 at 6:39 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP firmed up towards close for month end to again make month beginning volatile moves during monthly trend reversal time.

Today after initial dip during Japanese session EURO and GBP are expected firm up during European session.After subdued dip they are again expected to rise till early US session and swing during that session between high and low set for the day.

Tomorrow and day after (week end) they are expected to make volatile moves and significant rise.USD/YEN is also expected to rise alternatively along with them.

Regards

Dr.Sivaraman

Tags: EURO, GBP

13 Responses to “Month beginning - expected market moves”

on 01 Apr 2009 at 7:19 am1vinesh

doc what is the ultimate target of eu that u r ecpecting
on 01 Apr 2009 at 8:56 am2Dr. S. Sivaraman

dear vinesh

gthere is nothing as ultimate target.The moves are in relation to volume of positions against the market.Like short covering and long liquidation.When traders continue to short EURO hoping 1.20,then it can rise to 1.55 in this season.
Regards
Dr.Sivaraman
on 01 Apr 2009 at 9:27 am3Gregor

Dear Dr.,

can we say in short that you expect majority of pairs at levels from sept/oct 2008 in this season?

Regards,
G.
on 01 Apr 2009 at 11:13 am4jason

Hi Dr

Where do you think the usd jpy will go ?

Will it rise from here today ?

cheers
jason
on 01 Apr 2009 at 11:29 am5Dr. S. Sivaraman

Dear Gregor

yes around those levels are expected.
Regards
Dr.Sivaraman
on 01 Apr 2009 at 11:30 am6Dr. S. Sivaraman

Dear jason

USD/YEN has the potency to rise above 99.50 and reach 103 soon.
Regards
Dr.Sivaraman
on 01 Apr 2009 at 12:39 pm7cris jonothan

to all the traders that have been upset with my opinion: relax and dont get upset ,this is a block where anyone can say their thoughts and how they beilive that the market can evolve. also dont be so prodective about mr sivaraman becouse noone is haiting him, instead we respect his thoughts and is our right not to agree with him all the time.
on 01 Apr 2009 at 4:31 pm8Dr. S. Sivaraman

Dear cris jonothan
thanks for your remark about the purpose of your comments.
Regards
Dr.Sivaraman
on 01 Apr 2009 at 5:05 pm9wim

I always like your posts.
on 01 Apr 2009 at 6:08 pm10Francesco

Dear Mr. Sivaraman,

yesterday I opened a short position on EURGBP at 0,9305.
Do you think the pound can continue to overperform against Euro?

Thank you!
on 01 Apr 2009 at 6:13 pm11Francesco

Dear Mr. Sivaraman,

GBP and AUD are going up with equities.
Why EUR is not following the same trend this week?
on 02 Apr 2009 at 5:32 am12Dr. S. Sivaraman

Dear Francesco
If we continue to relate markets this sort of doubts continue to come.Comparisions are only assumptions.
Euro holding and GBP rise is to drop EURO/GBP cross.
Regards
Dr.Sivaraman
on 02 Apr 2009 at 5:35 am13gauss

Doc i “see” what you are saying.i too believe theres a “unassuming rally” (which you have been saying) somewhere,sometime soon.

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