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

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A day of swing and slide

Posted on June 2, 2009 at 7:21 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made quick rises yesterday inducing short covering.Today a day of slide expected for the higher level buyers to liquidate their long positions.As explained in today’s  Asian session webinar EURO and GBP are expected to slide towards close of japanese session and then firm up during early European session to slide again during late European and early Us sessions.Then a firming up move is expected towards close of the day.

Regards

Dr.Sivaraman

20 Responses to “A day of swing and slide”

  1. on 02 Jun 2009 at 7:40 am1jason

    Hi Dr

    Thank you for your posting.

    Can I just enquire your opinion on the eur chf over the short and longer term ?

    Will it appreciate from here ?

    cheers
    jason

  2. on 02 Jun 2009 at 7:45 am2Fevargas

    Hi Dr.

    When do you think is going to be the rise in JPY, Thanks

    Regards

  3. on 02 Jun 2009 at 7:53 am3Francesco

    Good day Mr. Sivaraman,

    my idea is to buy low in EUR and GBP before the new rise.

    I have buys at 1,405 and 1,63 respectively, meaning to say 70 - 90 pips from current quotations.
    Do you think we could see those levels today or tomorrow?

    regards

  4. on 02 Jun 2009 at 8:57 am4Ahmed

    Respected Doctor,
    Thanks for your very informative webinar today.You are providing real insight of the forex market.
    Regards

  5. on 02 Jun 2009 at 9:55 am5Mohi

    Hello Doc,

    Do you still see usdchf rising this week and onward? Thank you..

  6. on 02 Jun 2009 at 10:12 am6Dr. S. Sivaraman

    dear jason
    EURO/CHF is expected to firm up a bit and then slide
    Regards
    Dr.Sivaraman

  7. on 02 Jun 2009 at 10:13 am7Dr. S. Sivaraman

    Dear Fevargas
    they will rise today USD/YEN like yesterday again.
    Regards
    Dr.Sivaraman

  8. on 02 Jun 2009 at 10:14 am8Dr. S. Sivaraman

    Dear Francesco
    I am expected some more drop below your expected low and then rise tomorrow.
    Regards
    Dr.Sivaraman

  9. on 02 Jun 2009 at 10:16 am9Dr. S. Sivaraman

    dear Ahmed
    Thanks for the appreciation.I want the small traders to develop the right insight to make safe trades.
    Regards
    Dr.Sivaraman

  10. on 02 Jun 2009 at 10:17 am10Dr. S. Sivaraman

    Dear Mohi
    Yes we will see rise like usd/yen rise yesterday.
    Regards
    Dr.Sivaraman

  11. on 02 Jun 2009 at 11:06 am11mice

    Hi Dr

    What do u think about euryen today and tommorow ?

    and euro is topping at 1.4250 or it could extend to 1.44 before topping ?

  12. on 02 Jun 2009 at 11:55 am12vytas

    dear Dr.
    eurusd cut the highs today during EU session, do you still expect a drop?
    thank you,
    Vytas

  13. on 02 Jun 2009 at 12:16 pm13Dr. S. Sivaraman

    Dear vytas
    They made the quick rise first in EURO to hit the stops in EURO and EURO crosses.Then they rised GBP to hit the stops in GBP/USD and to drop EURO/GBP.They are expected to slide from now till mid US session.
    Regards
    Dr.Sivaraman

  14. on 02 Jun 2009 at 12:50 pm14johnsund

    Dr. -
    What do you think will happen to the GBP/USD today? Thanks

  15. on 02 Jun 2009 at 1:48 pm15RK

    Dear Dr
    Have we seen the end of the slide or are we likely to hit 1.63 on cable either today or tomorrow.

  16. on 02 Jun 2009 at 1:59 pm16Dr. S. Sivaraman

    Dear RK
    the slide we could see after the 14 GMT data and then swings for the day.
    Regards
    Dr.Sivaraman

  17. on 02 Jun 2009 at 3:14 pm17Gregor

    Dear Dr.,

    can we see USD/JPY near 96.70 today?

    Regards,
    G.

  18. on 02 Jun 2009 at 3:43 pm18ejthekkan

    Dear Dr.
    I have seen your predictions working very well in the last month full. This month also it helped a lot for small part time trader like me. Your blog is an asset. Unfortunately I couldnt watch any of your recent Webnair due to my employment commitments.
    b.t.w, what sort of correction do u expect in Euro/$ and pound/$ this week?
    Heartfelt thanks and Best wishes

  19. on 02 Jun 2009 at 4:26 pm19Dr. S. Sivaraman

    Dear Gregor
    USD/YEN they will rise some today aqnd rise more tomorrow.
    Regards
    Dr.Sivaraman

  20. on 02 Jun 2009 at 4:29 pm20Dr. S. Sivaraman

    Dear ejthekkan
    Thanks for the appreciations.
    We will see volatile movestill friday.Position traders may spread the risk and take sellpositions during risebut small traders should aim for intra-day swing trades.
    Regards
    Dr.Sivaraman

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