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

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Extended drop

Posted on May 26, 2009 at 8:53 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP are making extended slide now without much rise.They are expected to make some more dip below low towards close of European session and then firm up during US session nominally.

Wait to take long positions during next dip.

Regards

Dr.Sivaraman

10 Responses to “Extended drop”

on 26 May 2009 at 9:34 am1RK

Dr
THanks

Does this apply to both gb/Usd and eur/usd or has the drop in cable finished.
on 26 May 2009 at 9:37 am2Dr. S. Sivaraman

Dear RK
Cable is expected to make lesser drop than euro today.
They may cut the new low by 20-30 pips quickly and then rise during US session.
Regards
Dr.Sivaraman
on 26 May 2009 at 11:00 am3loo

Dear Doc,

any chance 1.3800 could be seen today?
Thanks~~
regards,
on 26 May 2009 at 11:36 am4Dr. S. Sivaraman

Dear loo
we could see around 1.38 area today or tomorrow japanese session and then the rise will commence.
Regards
Dr.Sivaraman
on 26 May 2009 at 12:01 pm5Bob

Dr.,
Do you think the low for gbp/usd has been put in for the day?

Thanks,
on 26 May 2009 at 12:21 pm6FVG

Good Day Dr.

What could we wait for the USDJPY today?

Regards.
on 26 May 2009 at 2:06 pm7Dr. S. Sivaraman

Dear Bob
yes for today and they may revisit tomorrow japanese session and then rise.
Regards
Dr.Sivaraman
on 26 May 2009 at 2:09 pm8Dr. S. Sivaraman

Dear FVG
USD/YEN is expected to slowly rise.
Regsrds
Dr.Sivaraman
on 26 May 2009 at 3:50 pm9Mohi

Dear Doc,

Very good forecast today as well. Thank you
on 26 May 2009 at 6:21 pm10Kevin

Hi Dr. looks like the EU just made a new high, do you expect EU to slide from here and more during Asian session?

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