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

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Dip to rise big

Posted on August 19, 2009 at 6:47 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the dip towards close of Japanese session as explained today during Asian session :Live market analysis between 05:00-05:30 GMT .They are expected to quickly firm up and rise during European session.After again a dip they are expected to rise more during US session as mid week market moves.

Regards

Dr.Sivaraman

11 Responses to “Dip to rise big”

on 19 Aug 2009 at 6:52 am1smith

Dear Doc,

your today’s comment means that perhaps we will reach the yesterday’s high in EUR and GBP? it was a donward stop hunt what we have seen in the last 30 minutes?
what is your view about USDJPY? It is falling again like a rock parallel to the risk aversion mood on the markets. Do you see chance for a big recovery in August or it will make sideway moves?

regards,
smith
on 19 Aug 2009 at 7:57 am2SanAmsterdam

What are your expectations based on?
on 19 Aug 2009 at 8:53 am3Arun Kandyal

Hi Dr
What they are doing stil expect they wil go above todays high during europeon session thx.

Regards
Arun Kandyal
on 19 Aug 2009 at 8:58 am4smith

very volatile trading in GBP. Yesterday’s gain disappeared… this drop after the news is the false move? Just because of hitting the higher level long holders as well as rising EURGBP?
1.67 area for this week is still in focus?

regards,
smith
on 19 Aug 2009 at 9:01 am5Arun Kandyal

200 pips drop Dr
on 19 Aug 2009 at 9:01 am6Jimbo

The players look like they are doing a good job of causing panic again. Euro is holding and GBP is dropping. I guess too many people holding longs and they want some more liquidations ? what do you think doc ?
on 19 Aug 2009 at 9:46 am7freddie

Dr,and all,pls how do you guys calculate this 250 pips net change in GU and 160 pips net change in EU on daily basis
regards
on 19 Aug 2009 at 9:50 am8Sam

Dear doctor, big rise during US late session?
on 19 Aug 2009 at 10:08 am9James

My guess is he won’t reply Sam, whenever he gets it wrong he doesn’t respond to comments. We may get lucky though and he may put a new post on the blog.
on 19 Aug 2009 at 10:42 am10Ahmed

hi freddie,
Pls visit this linkhttp://www.i-knowindices.com/saxo_bank.htm and view the netchange column.it is calculated from yesterday’s close.
Regards
on 19 Aug 2009 at 10:52 am11Ange

Freddie
If I am not grossly mistaken, Net change is the difference between the current value and the value set for each currency pair by the banks sometime after the previous day close (US close).

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