21 Responses to “Swings and rise moves are expected”

1. on 17 Jun 2009 at 9:03 am1mice

   Hi Dr

   eurgbp finaly start to rebound , you are expecting to rise to which level and in how many days ?

   thanks very much for your nice expectations , very helpful

   my regards

2. on 17 Jun 2009 at 9:03 am2Nazali

   Hi Dr

   Are eur & gbp expected to break the day’s high in the ES? Many thanks.

3. on 17 Jun 2009 at 9:06 am3Francesco

   Good day Dr. Sivaraman,

   this morning GBP is losing groung fastly.
   Is it due to the fact that they want to rise EURGBP?

   Cable is still expected to rise later and gain 1,65 - 1,66?

   Thank you!

4. on 17 Jun 2009 at 9:10 am4Francesco

   Hi Mice,

   yesterday I went long on that pair at 0,8429.
   Seeems like it’s eventually reversing.
   The break of 0,85 should be short - term positive.

   Wish you the best

5. on 17 Jun 2009 at 9:22 am5mice

   Hi fancesco

   thks frd, good luck , what is the possible target ?
   regards

6. on 17 Jun 2009 at 9:28 am6Francesco

   Let’s wait for Dr.Sivaraman’s comment,

   my idea is that this is may be a temporary bounce and 0,825 could be the final target.
   Nevertheless I also think that if market reverses EUR shall overperform GBP.

7. on 17 Jun 2009 at 9:29 am7Nazali

   Hi Dr

   Is gbp’s big drop an extended downward stop hunt? If so is it a false move as they intend to rise to trap those who have turned long with the drop? Or could it be the intended drop? Many thanks.

8. on 17 Jun 2009 at 9:30 am8mohi

   Dear Doc,

   Do you still think the market will do the major drop this week? Thank and regards..

9. on 17 Jun 2009 at 9:36 am9Kevin

   i can’t believe they did another stop hunt on the GU. They better be really expecting to rise things violently.

10. on 17 Jun 2009 at 9:52 am10Francesco

    It seems like now GBP is holding the low made at 1,6260.
    According to the 30 minutes rule, it could make sense to try a long on Cable at these levels with a stop below the low set

11. on 17 Jun 2009 at 10:13 am11Kevin

    i don’t understand what would not stop the GU to just tank down on the double top and start the major drop now.

12. on 17 Jun 2009 at 10:17 am12joshhh

    lost 24 pips on 1.6260 GU

13. on 17 Jun 2009 at 10:36 am13travis

    Dear Dr
    do you think gbp/jpy can rise back up to 158.5 levels during this coming US session now that we are in down trend or should i cut the loss now considering we are in a down trend

14. on 17 Jun 2009 at 10:59 am14Dr. S. Sivaraman

    Dear mice & Francesco

    The rise could be quick and may stay for 2-3 days and then reverse in EURO/GBP.
    Regards
    Dr.Sivaraman

15. on 17 Jun 2009 at 11:00 am15Dr. S. Sivaraman

    Dear Nazali & Francesco

    They could break the high during US session after the current downward stop hunt.
    Regards
    Dr.Sivaraman

16. on 17 Jun 2009 at 11:03 am16Dr. S. Sivaraman

    Dear mohi

    A major drop may not happen in this week as the players are still handling the European crosses.
    Regards
    Dr.Sivaraman

17. on 17 Jun 2009 at 11:12 am17Dr. S. Sivaraman

    Dear travis
    Try till US session and then decide.
    Regards
    Dr.Sivaraman

18. on 17 Jun 2009 at 11:32 am18rebecca

    “A major drop may not happen in this week as the players are still handling the European crosses.”

    can u elaborate more on european crosses,any idea the big drop might be?
    thanks

19. on 17 Jun 2009 at 11:57 am19Barry

    Dear Dr,
    The euro/usd range was about 370pips last week. They have already droped 253pips on Monday from the week high and formed the week low so far. It is quite reasonable that they will drop to 3600/20 around this week if down is the main trend. It is just a normal expectation and I am not expecting too much per week.
    Also, you said in the previous week that euro will drop 900pips from high which is between 1.34-1.35 level and you mentioned that euro&gbp will gain after mid July. So we will not expected them to drop to that level quite soon what will they do till mid-July otherwise?
    Regards.
    Barry

20. on 17 Jun 2009 at 12:34 pm20Dr. S. Sivaraman

    Dear rebecca
    As the players are now rising European crosses as upward stop hunt before the next drop,they may not drop EURO and GBP in a big way.They will make moves like holding EURO and dropping GBP and holding GBP rising EURO etc.So we will see either way trading opportunities in EURO and GBP and after the rise we can so sell and buy trades in European crosses during next quick rise.
    Regards
    Dr.Sivaraman

21. on 17 Jun 2009 at 12:36 pm21Dr. S. Sivaraman

    Dear Barry

    They are taking long time to bring the trend reversal due to low volume constrain.So they may make the drop of 200-400 pips during next 2 weeks and then commence the rise again.
    Regards
    Dr.Sivaraman

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