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

Expected market moves for week end

Posted on September 11, 2009 at 3:52 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the rise towards close of US session after volatile moves.They opened nominally higher for Japanese session and attracting short covering during early session for the week end.By 05:00-06:00 GMT there could be a brief upward stop hunt in some pairs and then slide is expected to happen during late japanese and European session.After a pull back rise from mid European session EURO and GBP are expected to make slide moves till early US session.Then during US session volatile pump and dump moves are expected to drop quickly from next week monday.

Players gained the levels and holding high they are booking profit and building sell positions.Their intentions could be revealed during the day and also early next week.In denominator currencies they are showing exteme levels and inducing long liquidation.Then they are expected to gain the level quickly to book profits in their buy positions.In the process USD might look weak to start with and later gain - but the players alternatively make up and down moves in other majors and make the attribute that USD is responsible for it.

Regards

Dr.Sivaraman

36 Responses to “Expected market moves for week end”

on 11 Sep 2009 at 4:14 am1Santosh

Doctor,

Do you think GBP is again on the way to 1.7043 and more or this is just accidental rise and will fall back again to 1.6000?
on 11 Sep 2009 at 4:15 am2Francesco

Good day Dr.Sivaraman,

your targets for Cable at 1.63-64 and USDCHF at 1.06-07 are still in play for early next week?

Thank you!
on 11 Sep 2009 at 4:23 am3Gregor

Dear dr.,

are other markets also driven by (the same) players like forex?

Thanks!
on 11 Sep 2009 at 4:43 am4Dr. S. Sivaraman

Dear Francesco
I am expected such levels by next week.
Regards
dr.sivaraman
on 11 Sep 2009 at 4:44 am5Dr. S. Sivaraman

dear Gregor
the same group of players handle all the markets.
Regards
Dr.sivaraman
on 11 Sep 2009 at 4:44 am6ejthekkan

Dear Doc.
Considering the latet positive datas released from the US and China, don’t you think Euro and GBP may tesst tneir Limit Highs today ?
Do you think that the payers influence datas too?
Thanks
on 11 Sep 2009 at 5:00 am7Dr. S. Sivaraman

Dear ejthekkan

players want the short sellers to cover shorts and turn long - so that players rise and sell and traders buy after rise- we will see the impact of it today during European session.data are just attributes.
Regards
Dr.Sivaraman
on 11 Sep 2009 at 5:18 am8Arun Kandyal

Hi Dr.
Do You Expect they have made upward stop hunt in GBP n Euro just rite now.Do you Expect They can make further rise.Is it wise to open short from 1.6720-30 area thx.

Regards
Arun Kandyal
on 11 Sep 2009 at 5:22 am9smith

Doc, slide for today means that the EUR and GBP will cut the low? During this process what will happen with USDJPY? Because it is just sliding no matter what is going on.

regards,
smith
on 11 Sep 2009 at 6:07 am10Jimbo

hi doc what sort of levels do you think GBP could test today maybe 1.6850 ?
on 11 Sep 2009 at 6:13 am11Ahmed Hanif

Doc do u think euro will test 1.45 today or by next week?

Regards,

Ahmed Hanif
on 11 Sep 2009 at 8:44 am12jacob

hey doc

do volatile pump and dump moves mean the the highs and lows will be broken or has low in usd/chf and high in eur already been set
on 11 Sep 2009 at 8:48 am13Dr. S. Sivaraman

Dear Arun Kandyal

Now the market coud have explained .it is wise to take positions during such stop hunts.
Regards
Dr.sivaraman
on 11 Sep 2009 at 8:49 am14Dr. S. Sivaraman

Dear smith
Quick downward stop hunt they made in USD/YEN during gap time to rise big toweards close for the week end.
Regards
Dr.Sivaraman
on 11 Sep 2009 at 8:50 am15Dr. S. Sivaraman

Dear Ahmed Hanif
why not today they have another 2 ssessions to cover.The players need to book profit in their positions as well.
Regards
Dr.Sivaraman
on 11 Sep 2009 at 9:06 am16carlab

Doc: I know we have to be faithfull, but since tuesday, all moves have been contrarian to expectations. Do you still bet we will see 1.45 b4 1.4720, and 1.65 b4 1.6820?
What are the lows you predict for next week in EU, GU? And highs in USD/CHF? Thanks for your comments.
on 11 Sep 2009 at 9:49 am17Dr. S. Sivaraman

Dear carlab
One sided moves are not normally seen in numerator currencies.we could see you mentioned lows by early next week and the rise in denominator currencies are bound to happen from today.
Regards
Dr.sivaraman
on 11 Sep 2009 at 10:32 am18Jaf

Dr

How and what time do players gain or drop levels.For instance you see them holding at 1.67 and making stop hunts.
Do they drop or rise levels in say 30/50/75 or 100 pips or just just when their holding of a particular currency finishes they make quick up and down moves.I know we have mentioned about the 30 mins and 2 hr rules.

Is there a way of ascertaing when their holding is running out so that we can predict drops and rises.I guess this is the difficult bit to analyse that is why forecasts are never 100% right

Thanks just trying to understand how markets work.

Thanks
on 11 Sep 2009 at 11:21 am19Dr. S. Sivaraman

dear Jaf

During session start and session close time they are known to make stop hunts in majors and during mid sessions they act on crosses.Gap time they are known to make false moves opposite of the intended move they want to make during the following session.
The holding and making higher level swings with reduced net changes in all pairs indicate that they want to make volatile moves towards close for the day.
Regards
dr.sivaraman
on 11 Sep 2009 at 12:07 pm20radha

Dr, It is almost Gap time before start of US session…
Do we expect BIG Upward stop hunts in Eur and GBP or swings within the high and new low…OR New higher HIGH ?
Thanks
on 11 Sep 2009 at 12:45 pm21Dr. S. Sivaraman

Dear radha:
The higher level holding indicates that they could make small firming up move during gap time and then start the slide during US session with small pull back towards close of US session to attract some buy orders to fill.The visible correction could be seen next week.
Regards
Dr.Sivaraman
on 11 Sep 2009 at 12:46 pm22Arun Kandyal

A calm before the storm
on 11 Sep 2009 at 12:48 pm23Arun Kandyal

Hi Dr
What you are expecting now 1.6850 or 1.6550 till close of week end thx.

Regards
Arun Kandyal
on 11 Sep 2009 at 1:02 pm24radha

Thanks Dr. Appreciate your guidance which is providing comfort for small traders. Regards.
on 11 Sep 2009 at 2:22 pm25Dr. S. Sivaraman

Dear Arun Kandyal
My reading shows the downside has more potency.
Regards
Dr.Sivaraman
on 11 Sep 2009 at 2:32 pm26Constantin Lucian

have we been experiencing dump and pump moves in usd/yen for the last week to build long positions for next week (from players)? thank you again dr.
on 11 Sep 2009 at 2:54 pm27jaydee

Dear doctor…
What does your market reading indicates about GBP/JPY for the next week or two weeks.. it has dropped considerably in recent past but has been showing a little net change from past 2 , 3 days…

Regards
on 11 Sep 2009 at 3:37 pm28radha

Dr..So far in the US Session they are holding near the high in both EUR & GBP…. Expect the slide later in teh session. Thanks.
on 11 Sep 2009 at 3:55 pm29Jaf

Dr

Could you please explain for our understanding why your reading shows that there is more potency for downside.They could be either buying or selling.

Thanks
on 11 Sep 2009 at 4:00 pm30Dr. S. Sivaraman

dear Constantin Lucian
yes they have now targetted usd/yen to induce strong long liquidation and buying to rise big from next week.
Regards
Dr.Sivaraman
on 11 Sep 2009 at 4:01 pm31Dr. S. Sivaraman

Dear jaydee
In yen crosses they have made 200+ pips net change to induce long liquidation and buying.They are expected to consolidate near low early next week and then rise- because they take more time for lower level consolidation and downward stop hunt moves in yen crosses.
Regards
dr.Sivaraman
on 11 Sep 2009 at 4:05 pm32Dr. S. Sivaraman

Dear radha & Jaf

they have made the upward stop hunt briefly in euro and gbp during early us session.Then started the drop in denominator currencies.then in AUD they made the upward stop hunt and dropped some.
they are expected to lighten their positions from now till close by making swing and slide moves in numerator currencies and swing and rise in denominator currencies as usd recovering move.
Regards
Dr.Sivaraman
on 11 Sep 2009 at 4:10 pm33hugme

Dear Dr.,GBP did not slide much,the higher level consolidation will continue until early next week?TKS.
on 11 Sep 2009 at 5:24 pm34Dr. S. Sivaraman

dear hugme
they may try briefly 1.67 area on monday just to create the high.
Regards
Dr.sivaraman
on 12 Sep 2009 at 12:12 am35jefe

Dr,

Any idea on the PRIMER mkts will use— Mid- September always offers a scap-goat (last year was AIG)

Primer???
on 14 Sep 2009 at 5:08 am36hugme

dear dr,I have not been provided with a password after I registered in the webinar,and this occurred several times.Pls help .

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.