27 Responses to “EURO and GBP are expected to swing and rise more for mid week”

1. on 20 May 2009 at 6:20 am1FVG

   What could we expect for USDJPY?

2. on 20 May 2009 at 6:23 am2Mohi

   Good morning Doc, what is your outlook for GBP/USD for remainder of the week including for weekend? Thanks and regards..

3. on 20 May 2009 at 6:34 am3Nazali

   Hi Dr

   What kind of levels are expected in usd/jpy for the month? What would be the max high area? Many thanks.

4. on 20 May 2009 at 9:00 am4Eugene Tan

   Dear Doc,

   What is your outlook for the EUR/USD for the next few days?

   The charts seem to suggest an overbought situation and may fall..

   Would it? and what do you think it will fall to?

   Rgds

5. on 20 May 2009 at 9:02 am5Francesco

   Good day Mr. Sivaraman,

   do you expect EUR and GBP to be always substained by equities moves or we might see other variables able to ifluence players’ and traders’ decisions?

   Thank you!

6. on 20 May 2009 at 10:26 am6Dr. S. Sivaraman

   Dear FVG
   USD/YEN is expected to firm up.
   Regards
   Dr.Sivaraman

7. on 20 May 2009 at 10:27 am7Dr. S. Sivaraman

   Dear Mohi

   More rise with swings expected in gbp/usd
   Regards
   Dr.Sivaraman

8. on 20 May 2009 at 10:28 am8Dr. S. Sivaraman

   Dear Nazali

   I am expecting usd/yen to cross above 100.
   Regards
   Dr.Sivaraman

9. on 20 May 2009 at 10:29 am9Dr. S. Sivaraman

   dear Eugene Tan
   No comments about chart- but EURO/USD is expected to rise till first week of June
   Regards
   Dr.Sivaraman

10. on 20 May 2009 at 10:32 am10Dr. S. Sivaraman

    dear Francesco
    All markets are independant and they at times follow the market sentiments just induce traders to make distress trades.Otherwise to my perception there is no relationship among them.
    When euro and gbp were weak gold was rising in the name of risk aversion ,now gold is also rising along with euro and gbp- the story might be risk appetite.They are excuses to convince the traders to accept levels.
    Regards
    Dr.Sivaraman

11. on 20 May 2009 at 10:44 am11Gregor

    Dear Dr.,

    where do you see currencies (EUR, GBP, AUD) in the next season - from 2nd week of June?

    Regards,
    G.

12. on 20 May 2009 at 12:27 pm12Dr. S. Sivaraman

    dear Gregor
    nearing the time I will give the call- the call may not have be useful now in our intra-day trades.During my month end webinar I will give the long term projections.
    Regards
    Dr.Sivaraman

13. on 20 May 2009 at 1:56 pm13Nazali

    Hi Dr

    would the huge rise in eur and gbp be a trap to make traders go long? Should we see a major correction before another rise?
    What making usd/yen slow in rising?

14. on 20 May 2009 at 2:06 pm14Emil

    good calls again thanks Dr.

    Curious about a UY update. Seems to be pushing lower.

    thanks

15. on 20 May 2009 at 2:21 pm15ejthekkan

    Dear Doc.
    Don’t you expect a major correction before further rise in GBp and euro?

16. on 20 May 2009 at 2:23 pm16ejthekkan

    one more question please. Will todays rise be restrcted to 200 pips or m0re is expected?

17. on 20 May 2009 at 3:09 pm17Dr. S. Sivaraman

    Dear Nazali

    Now players are holding long positions.So they rise and induce bullish feel for the traders to buy during rise.Then they are neither rise more nor drop more- hold and book profit and make the rise after a small drop next day.We need to plan the trades accordingly and execute without any bullish or bearsih fell.
    USD/YEN they will rise once they start holding EURO and GBP.
    Regards
    Dr.Sivaraman

18. on 20 May 2009 at 3:10 pm18Dr. S. Sivaraman

    Dear Emil
    thanks.there will be rise in USD/YEN also.
    Regards
    Dr.Sivaraman

19. on 20 May 2009 at 3:11 pm19Dr. S. Sivaraman

    Dear ejthekkan
    Only week end moves can breach 200 pips net change squeezing traders.There will be swings as the players also need to book profit.
    Regards
    Dr.Sivaraman

20. on 20 May 2009 at 3:21 pm20RK

    Dr

    If the players are creating bullish feel,does that mean they are selling as well.When do you think they will drop to start buying again.

    Thanks

21. on 20 May 2009 at 3:22 pm21Francesco

    Thank you Dr. Sivaraman,

    in the name of risk aversion, how do you explain the fact that JPY is holding up much better than USD?

    Regards,

22. on 20 May 2009 at 3:24 pm22ejthekkan

    thanks a lot Dr.

23. on 20 May 2009 at 5:10 pm23Dr. S. Sivaraman

    Dear RK
    They are over bought- so they willhold and sell and rise again and hold and sell - during selling small swings will happen and not deep corrections,as they find more sellers in the market during rise.When they want to sell and traders also sell,they rise and induce the traders to do short covering in that way they liquidate their positions.
    Regards
    Dr.Sivaraman

24. on 20 May 2009 at 5:12 pm24Dr. S. Sivaraman

    Dear Francesco
    there is no real risk aversion.if true then the markets should not have any moves.it is just a name given for the sudden drop.can any one develop risk aversion mind set and quickly change to risk appetite?
    USD/YEN dip is to drop yen crosses before making big rise.
    Regards
    Dr.Sivaraman

25. on 20 May 2009 at 5:29 pm25cititrader

    Dr. Sivaraman,

    I just wanted to say thanks , for your market forecast on the
    18th one trade 40 pipsn eur.. on the 20th two trades 40 London 50 eur on the NY session..left alot of pips on the table/// lol

    Best Regards,

26. on 20 May 2009 at 5:30 pm26Kevin

    Hi Doctor, how many pips would you say you mean by “swing” i understand your dip = 30 pips and drop = 80 pips.

    Thanks

27. on 20 May 2009 at 6:42 pm27errol duncan

    sell euro/usd at 1.3810, its knocking on an extreme fib based moving average resistance, what you are seeing is a huge stop loss trigger at 1.3730. remember you heard it from me first!

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