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

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EURO and GBP are expected to make wide range swings and spike up

Posted on June 18, 2009 at 3:54 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Yesterday towards close of US session there were quick gains in EURO and GBP as expected.

After initial drop during early Japanese session there could be a quick rise and quick drop move during Japanese session.During European session they are expected to make wide range swings- a very quick rise and a very quick drop .During US session they are expected to swing and significant rise.

Players are now holding high and building sell positions.So their quick level gaining moves are sell opportunities to book profit during quick drops.

Regards

Dr.Sivaraman

31 Responses to “EURO and GBP are expected to make wide range swings and spike up”

on 18 Jun 2009 at 4:10 am1Gregor

Dear dr.,

what is expected intentional behaviour in USD/CHF and USD/JPY today - tomorrow?

Best regards,

Gregor
on 18 Jun 2009 at 4:14 am2Kevin

what about UJ doctor when is it finally going to rise it seems like it’s just falling further and further down.
on 18 Jun 2009 at 5:28 am3Francesco

Good day Dr. Sivaraman,

today may we able to see the waited medium term short chance on EUR and GBP?

Are 1,41 and 1,66 still realistic levels to reach during the rise before reversing?

Thank you!
on 18 Jun 2009 at 5:45 am4jason

hi dr

Like to enquire on your view on eur cad.

I think it is on the downtrend. Do you think so ? I am already short and will close the position if i am wrong.

Appreciate if you can share your opinion. Thanks
on 18 Jun 2009 at 5:54 am5Adi

Hi doc. You said in the webminar that we’ll have a quick dip and rise during European session but here you say that we’ll have quick rise and quick drop in EU session. Am I something missing? Thank you
on 18 Jun 2009 at 6:01 am6su25

Dear Doc
Can weekly/daily permissible net change limits be viewed as weekly/daily support and resistance areas (for those of us trading based on technical analysis)?

If the weekly +ve net change is done, and the following day market opens closer to weekly high, then is it safe to assume that the probability of -ve daily net change being hit on that day is very high?

I am trying to understand the trading strategy without looking at charts. For this I need to start with correlating with technical analysis and, hopefully, some day the need for this correlation will disappear!

Thanks
on 18 Jun 2009 at 6:11 am7Eugene Tan

Dear dr.,

The gap time of 0700-0730 GMT sees a firming up of the GBPUSD.

Your theory is that gap times moves are false moves.

Does this mean that we will see a drop of GBPUSD for the European session?

Rgds
on 18 Jun 2009 at 6:26 am8su25

Hi Eugene
Its not yet 0700 GMT. The time stamp on the posts of this blog are GMT, in case you want to set your time.
on 18 Jun 2009 at 6:54 am9Nazali

Have a multiple time clock on your desktop so you can see your local time and GMT, there are many freely available.
on 18 Jun 2009 at 7:16 am10Eugene Tan

Thanks Su.

Dear Dr.,

See if I am interpreting this right.

This is the fake move. So the true intention is to go down.

If the high made in this 30 min period is 1.6450

Then net change for GBP is round 250.

We should see 1.62 by end of day?

Rgds
on 18 Jun 2009 at 7:59 am11travis

thanks Dr for your valuable insights. Much appreciated
on 18 Jun 2009 at 8:37 am12Eugene Tan

Dear Dr.,

Your system is proving very accurate.

Would we now consider that the gap time prior to europe was the spike up?

And that we would see the trend reversal now?

Or will there be another spike up during the US session.

Thanks much
on 18 Jun 2009 at 8:56 am13Dr. S. Sivaraman

Dear Gregor

they are expected to rise them with lesser drops.
Regards
Dr.Sivaraman
on 18 Jun 2009 at 8:58 am14Nazali

Hi Dr
Is the massive drop in GBP a false move to trap those who turned long yesterday, do you still expect the rise? Many thanks
on 18 Jun 2009 at 9:05 am15Kevin

doc you said they weren’t going to let it cut yesterdays low but the GU just cut the low does that change the prediction?
on 18 Jun 2009 at 9:08 am16joshhh

Hi,

I have created an excel file where you can enter you local time & it will display what session you are in. it is free & can be downloaded from
http://sites.google.com/site/ujforex/market-timings

regards

Joshhh
on 18 Jun 2009 at 9:23 am17Dr. S. Sivaraman

Dear Kevin
it will swing and rise today.
Regards
Dr.Sivaraman
on 18 Jun 2009 at 9:23 am18Ahmed

Respected Dr,
Can u please dislay your original and complete live call page in tomorrow’s “tracking markets together” webinar?
It will be helpful to most of us as a trial of your live call service.
Regards
on 18 Jun 2009 at 9:23 am19Dr. S. Sivaraman

Dear Francesco & Nazali

Yes
Regards
Dr.Sivaraman
on 18 Jun 2009 at 9:24 am20Dr. S. Sivaraman

Dear Francesco

keep stop at entry and maximize the profit.
Regards
Dr.Sivaraman
on 18 Jun 2009 at 9:25 am21Mohi

Dear Doc,

Where do you see gbpusd today and tomorrow? Could it be the start of the major drop? Thanks for your insight. Regards..
on 18 Jun 2009 at 9:26 am22Dr. S. Sivaraman

Dear Adi

they made the rise towards close of japanese session then a quick drop now happended to rise again quickly.
Regards
Dr.Sivaraman
on 18 Jun 2009 at 9:27 am23Dr. S. Sivaraman

Dear Eugene Tan
the msarket would hsvr explained it by now.
Regards
Dr.Sivaraman
on 18 Jun 2009 at 9:29 am24Dr. S. Sivaraman

Dear Eugene Tan
another upward spike is expected.
Regards
Dr.Sivaraman
on 18 Jun 2009 at 9:35 am25Adi

Thank you Dr. Sivaraman
on 18 Jun 2009 at 9:37 am26jason

Hi Dr

Like to hear your opinion on the eur cad ?

Appreciate if you can share it here ?

cheers
jason
on 18 Jun 2009 at 9:52 am27Arun Kandyal

Hi Dr

could gbp rice 1.6350-1.6400 during this session.

Regards
Arun Kandyal
on 18 Jun 2009 at 9:55 am28Dr. S. Sivaraman

Dear Kevin

yes they cut the low by hitting all the extreme stops before the big upward spike.
Regards
Dr.Sivaraman
on 18 Jun 2009 at 9:57 am29Dr. S. Sivaraman

Dear Ahmed

I will type in a page the calls as the market moves.You will be able to view it live.
Regards
Dr.Sivaraman
on 18 Jun 2009 at 9:58 am30Dr. S. Sivaraman

Dear Mohi

Still the drop in GBP and holding EURO is to rise EURO/GBP cross.
Regards
Dr.Sivaraman
on 18 Jun 2009 at 10:00 am31Ahmed

Respected Dr,
Thanks a lot.it will be very helpful as a live trail of the service.
Regards

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