FX Market Readings

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

Or subscribe via email:

Webinar Recording Series: My Trading System

I - II - III - IV - V - VI - VII - VIII - IX - X

FXstreet.com Weblogs

Links

volatile moves for week beginning

Posted on August 24, 2009 at 6:59 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the swing and instead of firming up made the dip below low towards close of Japanese session as the players are busy handling the crosses - making contrarian moves.

EURO and GBP are expected to make firming up move till mid European session and then drop towards close of the session.They are expected to rise during US session.

last week of the month the market is expected to make volatile moves making upward and downward stop hunts above high and below low respectively.

Regards

Dr.Sivaraman

7 Responses to “volatile moves for week beginning”

on 24 Aug 2009 at 9:51 am1Sum

Dear doctor, what mention that the players are busy handling the crosses. What is the near term hight target target for Eeu/Gbp?

Thank you,

Sum
on 24 Aug 2009 at 9:59 am2D1

It will be wise to ensure that all trades are done with the appropriate hedging techniques and caution during this expected volatile week being the last week of the month
on 24 Aug 2009 at 10:00 am3Nazali

Hi Dr

Just to clarify a couple of points from this morning webinar. Is an overall rise expected for this week and next week with a drop for the middle of Sep. Many thanks.
on 24 Aug 2009 at 10:42 am4Dr. S. Sivaraman

Dear Nazali

Yes
Regards
Dr.Sivaraman
on 24 Aug 2009 at 10:49 am5rockk

thanks
on 24 Aug 2009 at 11:03 am6Nazali

thanks.
on 24 Aug 2009 at 11:09 am7Jimbo

Hi Doc, are we expecting GBP to cut the high in US session ?

Theme by Forex Street Powered by Wordpress

The comments and posts published in this blog ARE NOT trading recommendations. They can NEVER be considered as trading calls or advices. If you decide to use the information offered here for your real trading it is at your own risk.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.