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

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Week end expected moves

Posted on August 21, 2009 at 4:39 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the subdued moves yesterday during US session with nominal swings.

Today they have made the initial drop for week end during mid Japanese session.Besides USD/YEN and USD/CHF also made the drop as contrarian move .

They are expected to hold near low towards close of Japanese session and after brief dip they are expected to rise during European session.After gap time dip they are expected to rise during US session as week end move.

Next week they are expected to make month end upward rise.

Regards

Dr.Sivaraman

5 Responses to “Week end expected moves”

on 21 Aug 2009 at 5:26 am1OrlandoB

Doc, does your money management strategy (cut hi/lo, hedge 30 pip, etc) apply to all the majors or just EUR and GDP?
on 21 Aug 2009 at 5:55 am2Francesco

Good day Dr. Sivarman,

do you think the rise for USDJPY might eventually happen?

Regards,
on 21 Aug 2009 at 6:15 am3joshhh

does your forecast change since the news came out of no where (this is nor FX calender event) that china has tightened it’s credit policy.

regards?

Joshi
on 21 Aug 2009 at 9:39 am4Sam

Dear doctor, why players move Eur up much higher than gbp? Is 1.704 considered to be the ultimate height for Gbp in 2009?

Thank you,
on 21 Aug 2009 at 1:48 pm5Sam

Dear doctor, are the players setting up short positions now?

Thanks,

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