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

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Subdued moves are seen

Posted on May 25, 2009 at 10:39 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Due to holiday in UK and US the market appears lacking volume.So after making downward stop hunt below low set during Japanese session further follow up drop is not seen much.There could be some further drop during early US session and more during tomorrow japanese session.That could be buy opportunity in EURO,GBP and USD/YEN to book profit during month end rise.

Regards

Dr.Sivaraman

6 Responses to “Subdued moves are seen”

on 25 May 2009 at 11:26 am1Constantin Lucian

Dr. is there any levels that we should look for in this pairs? or grab any level on the drop in Japanese session. Also will there be a violent drop like the one of 200+ pips in Gbp/usd we’ve seen last week, or a more “calm” drop? I’m looking to enter long positions on these 3 pairs but can’t decide the right level so that i don’t get extremely exposed on the downside. What do you recommend? look for levels in Us session to go long? or the jap session? i’m trying to figure out if the players will want to drop big or just a small drop. Thank you
on 25 May 2009 at 12:04 pm2Dr. S. Sivaraman

dear Constantin Lucian
an optimal drop of 100+ pips could be seen tomorrow during late Japanese session then you may watch and try to take long near low.
Regards
Dr.Sivaraman
on 25 May 2009 at 12:24 pm3Gregor

Dear doc.,

do you see a major turning-point in currencies (and stocks?)from mid june?

Regards,
Gregor
on 25 May 2009 at 12:35 pm4Dr. S. Sivaraman

Dear Gregor
from second week of Jun currencies are expected to make sideway moves and slides till end Jun and stocks are to gain from this week till early July.
Regards
Dr.Sivaraman
on 25 May 2009 at 3:17 pm5ejthekkan

Dear Doc
Can we expect an upward movement in gbp/usd and euro/usd to test the contract highs today?
on 25 May 2009 at 5:59 pm6Dr. S. Sivaraman

Dear ejthekkan
they may go near high before the slide expected towards close of US session and during tomorrow Japanese session.
Regards
Dr.Sivaraman

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