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

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BOE and ECB interest rate decision time- expected market moves

Posted on May 7, 2009 at 3:22 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Today by 11:00 GMT -BOE announcement is expected and by 11:45 GMT -ECB announcement is expected.besides 12:30 GMT -ECB press conference is there.When all are waiting for the out come of such decisions the market is expected to make moves as follows:

A quick rise during early Japanese session and slide towards close.

Then a quick rise again during early European session to near high and then drop during the interest rate announcement times.A wide range swing is expected from start till close of during announcements.Then a firming up move towards close of European session

 and then a small drop during start of US session and further rise during US sessions are expected moves.

I will update if needed the post following the market moves.

Regards

Dr.Sivaraman

 

20 Responses to “BOE and ECB interest rate decision time- expected market moves”

  1. on 07 May 2009 at 3:29 am1jason

    Hi Dr

    Thank you for your postings.

    Like to ask your opinion on the eur / chf.
    With the SNB doing verbal intervention, do you think the eur / chf will rise and go higher from here ?

    Thanks

    jason

  2. on 07 May 2009 at 7:24 am2Dr. S. Sivaraman

    Dear jason

    yes expected.
    Regards
    Dr.Sivaraman

  3. on 07 May 2009 at 9:14 am3Francesco

    Good day Mr.Sivaraman,

    I have noticed that AUD and NZD are overperforming in these last sessions.
    Do you think their uptrend will continue?

    Thank you!

  4. on 07 May 2009 at 9:25 am4RK

    Dr

    How big do you anticipate the drop to be?

    Thanks

  5. on 07 May 2009 at 10:02 am5Mohi

    Dear Sir,

    Due to new NFA rule coming up, hedging is not apparently allowed by some US based brokers. I was using IBFX and I was happy with it. Even though I do not use hedging often, but I like the idea of having an insurance, which in my opinion gives one to have a go at a trade more than once.

    I looking for another decent brokers. I would appreciate a feedback. Even from my fellow traders here. Doc, I appreciate it can be difficult for you to recommend products here. Please send me an email in that case. Kind regards..

  6. on 07 May 2009 at 10:27 am6Dr. S. Sivaraman

    Dear Francesco
    I informed you here earlier that they will lead the moves ahead and lag behind when others move.
    regards
    Dr.Sivaraman

  7. on 07 May 2009 at 10:30 am7Dr. S. Sivaraman

    dear RK

    the quantum of dropp depends upon traders positions.In the absence of traders positions they drop to induce traders to short and then rise.
    if traders long during drop then without rise they drop further and hit their stops and then rise.
    Regards
    Dr.Sivaraman

  8. on 07 May 2009 at 10:33 am8Dr. S. Sivaraman

    Dear Mohi

    it is a difficult task to select the best broker.because brokers can earn only from their trading members.Some are aggressive stop hunters on their own.those are in the market for long time may be some what good brokers as they want to grow their business rather than running the organisation as hit and run case.
    Regards
    Dr.Sivaraman

  9. on 07 May 2009 at 12:44 pm9j.j

    Dear Dr. Sivaraman any adv. now on Euro moves
    Regards

  10. on 07 May 2009 at 1:11 pm10RK

    Dr

    Good call.are we going to rise to higher high level in cable

    Thanks

  11. on 07 May 2009 at 2:04 pm11Dr. S. Sivaraman

    Dear j.j:
    EURO is expected to swing in this session as the players are holding hiogh euro/gbp.They will slide euro tomorrow Japanese session after slowly rising GBP as a reversal move in euro/gbp.
    Regards
    Dr.Sivaraman

  12. on 07 May 2009 at 2:05 pm12Nazali

    Hi Dr

    Do you expect eur/gbp to drop and gbp/usd to rise in the US session? Many thanks.

  13. on 07 May 2009 at 2:05 pm13Dr. S. Sivaraman

    Dear RK
    Yes cable is expected to rise above high tomorrow.
    Then EURO will try to catch up.
    Regards
    Dr.Sivaraman

  14. on 07 May 2009 at 2:27 pm14j.j

    Dear Dr. Sivaraman thanks for the reply
    Regards

  15. on 07 May 2009 at 2:38 pm15vinesh

    Doc how high do you think the EURO is going to go. In your opinion will it break previous highs set back in MArch?

  16. on 07 May 2009 at 2:59 pm16Mohi

    Thanks Doc. What are you expecting GBP to do against USD. Many thanks, Mohi

  17. on 07 May 2009 at 2:59 pm17Mohi

    today

  18. on 07 May 2009 at 7:54 pm18emil

    Impressive again Dr thanks.
    Seems like there might be a new push down tomorrow EU session?

  19. on 08 May 2009 at 5:58 am19Dr. S. Sivaraman

    Dear vinesh
    there is a potency to go above March high.
    Regards
    Dr.Sivaraman

  20. on 08 May 2009 at 5:59 am20Dr. S. Sivaraman

    Dear emil
    Yes
    Regards
    Dr.Sivaraman

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