14 Responses to “Further rise in european crosses”

1. on 18 Jun 2009 at 10:21 am1Nazali

   Hi Dr

   If they made the extended stop hunt in the ES will we see a drop in the US session?

2. on 18 Jun 2009 at 10:46 am2Francesco

   Good day Mr.Sivaraman,

   today we saw a quick rise during end of japanese and early european session.
   Then we had a downward stop hunt, now crosses seems to be consolidating at levels where players are buying again and make them rise again in US session.
   Do you think the further rise could lead EUR and GBP above the daily highs of 1.3990 and 1.6465?

   Thank you!

3. on 18 Jun 2009 at 11:12 am3rebecca

   do u mean gbp currencies will be going higher next week?
   with eup together as well.

   thanks

4. on 18 Jun 2009 at 11:16 am4Mohi

   Dear Sir,

   Do you see today’s high being breached again by gbpusd? If not, then by tomorrow? Kind regards..

5. on 18 Jun 2009 at 11:36 am5Constantin Lucian

   looks like we have low volume this past two weeks but i really think that gbp/usd will go towards 1.6660 one more time and that would be a signal for me to short…it looks to much like a calm before a storm. Dr. taking in consideration the new events and low volume can we say that the trend reversal will extended to next month also? the 1.33 - 1.35 and 1.5 gbp areas?in my view is if the volume was high this month maybe at this point we would have seen firmer price actions and lower levels and not this down 200 pips up 200 pips and so on. So with low volume they will have to extend the reversal also next month. Or will they give up on it and only slide a little and the rise next month?

6. on 18 Jun 2009 at 12:17 pm6Dr. S. Sivaraman

   Dear Nazali

   I am expecting an upward spike.We need to watch and understand.
   Regards
   Dr.Sivaraman

7. on 18 Jun 2009 at 12:19 pm7Dr. S. Sivaraman

   Dear Francesco , rebecca & Mohi

   They dropped GBP holding euro to rise EURO/GBP and further rise they can do buy rising more EURO and follow up rise in GBP..then for reversal of the European crosses they could rise more GBP holding EURO and then drop EURO more and less of GBP.That will indicate the downward trending move of all majors.
   Regards
   Dr.Sivaraman

8. on 18 Jun 2009 at 12:22 pm8Dr. S. Sivaraman

   Dear Constantin Lucian
   We will review next week to understand that.
   Regards
   Dr.Sivaraman

9. on 18 Jun 2009 at 1:19 pm9mice

   Hi Dear dr

   could we buy euro on the break of the high target 1.41?

   regards

10. on 18 Jun 2009 at 1:27 pm10Dr. S. Sivaraman

    Dear mice

    Dips are buy opportunities or above high we can buy if they hold above high for more than 30 min.Still limit the risk using hedging order,double stop or stop.
    Regards
    dr.Sivaraman

11. on 18 Jun 2009 at 2:31 pm11Nazali

    Hi Dr

    Will we see further gains in eur & gbp in the US session. Many thanks.

12. on 18 Jun 2009 at 2:37 pm12Dr. S. Sivaraman

    Dear Nazali
    Expected.
    Regards
    Dr.Sivaraman

13. on 18 Jun 2009 at 3:00 pm13mice

    hi sir

    they are expecting to make the upward spike near the close of us session or tommorow?

    regards

14. on 18 Jun 2009 at 4:27 pm14Dr. S. Sivaraman

    Dear mice

    Yes.they will do that towards close or tomorrow during late European session.
    Regards
    Dr.Sivaraman

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