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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 gain more

Posted on August 18, 2009 at 14:06 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the swing and rise move  during Japanese  and European sessions.They are expected to further rise during US session.

calmly understand the market and trade.Market rewards patience.

Regards

Dr.sivaraman

12 Responses to “Euro and GBP are expected to gain more”

  1. on 18 Aug 2009 at 2:21 pm1Francesco

    Dear Dr. Sivaraman,

    do you think USDJPY will be able to break its recent highs just below 98 anytime soon?

    Thank you!

  2. on 18 Aug 2009 at 2:43 pm2Sam

    Dear doctor, I have some buy possitions around 1.437 for eur and 1.67-1.68 for gbp. Shell I close those off? Or stay calm?

    Please advise,

    Thank you doctor,

    Sam

  3. on 18 Aug 2009 at 3:11 pm3johnra

    Dear Dr
    In your webinar you advised a trader with a small equity to trade one mini lot with the view that the equity will not be blown if the months net permissible limit is reached.Eg GU monthly net permissible limit approximately 900 pips.If I trade 2 mini lots and hedge both positions I can close out one or both positions if price goes the wrong way and gets close to my equity.My equity will still be in tact and I will lose only the 30 or 60 pips used to set up the hedge.Do you see any danger in this approach?I look forward to your advice.
    Kind Regards

  4. on 18 Aug 2009 at 3:38 pm4Mohi

    Dear Doc,

    Do you change your forecast for this week? You said at the webinar today that 1.67 areas are possible for this week. But as it has almost hit 1.66 areas today, perhaps 1.69 areas or more or we possibly might see a extended downward stop tomorrow or thursday (use retails data). Many thanks for giving me abilities to be able to predict some of thses possibbilities. Thanks and regards..

  5. on 18 Aug 2009 at 3:58 pm5Dr. S. Sivaraman

    dear Sam
    during drop you were holding and calm and why during the rise in a hurry?
    Regards
    Dr.Sivaraman

  6. on 18 Aug 2009 at 4:00 pm6Dr. S. Sivaraman

    Dear johnra
    there is no need to make opposite moves in alternative months.They can rise for 2 months or drop for 2 months also.So try an intra-day trade and if the going is good keep stop at entry and maximize the profit.
    Regards
    Dr.Sivaraman

  7. on 18 Aug 2009 at 4:02 pm7Dr. S. Sivaraman

    dear Mohi
    I wish to give intra-day calls here.
    Regards
    Dr.Sivaraman

  8. on 18 Aug 2009 at 4:07 pm8johnra

    Dear Dr
    Thank you for the advice.
    Kind Regards

  9. on 18 Aug 2009 at 4:28 pm9Arun Kandyal

    Hi Dr
    Good forecast, where do you see GBP during weekend? could GBP go above 1.7000 this week or month end thx.

    Regards
    Arun Kandyal

  10. on 18 Aug 2009 at 5:50 pm10smith

    Dear Doc,

    EUR seems to be very weak compare to the GBP. It is just because of handling and dropping EURGBP or we can not expect big rise from the EUR? I mean it will show the same kind of upward move like GBP today and yesterday and perhaps it can reach the 1.42+ level this week, or we can not count this version?
    The denominator currencies seem to have consolidation parallel to the USD weakness today. They will rise in the coming weeks alternatively? Do you think that USDCAD can reach the 1.15 area as you predicted earlier?

    thank you in advance,
    smith

  11. on 18 Aug 2009 at 7:24 pm11p.a.

    hi doc,

    if in the late us session eur/usd doesn’t cut the high (and slides for next 2h or till the end of gap time), do you expect further rise in the japanese session? i think it will rise till wednesday (or early thursday) but then slide till the end of week (two up days before, no hat tricks?), and for the next monday, i expect a stop hunt as a false move and then rise.

  12. on 18 Aug 2009 at 7:42 pm12Charlene

    the loonie negatively affected by the oil price weakness….
    http://www.ac-markets.com/forex-news/forex-alerts-2009-8-18-12-00-CET-Crude-evolution.aspx see this chart for NYMEX at ac-markets website and you´ll see…
    regads!

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