11 Responses to “Expected market moves for today”

1. on 17 Sep 2009 at 7:50 am1ATF

   Dear Doc

   when can we expect rise in EUR & GBP.

   Regards.

2. on 17 Sep 2009 at 8:13 am2John Anderson

   Dr,

   Please give your views regarding GOLD and EURGBP. As both seem to be moving up very rapidly. What do you see in the upcoming days.

   Regards,

   Junaid Pervaiz

3. on 17 Sep 2009 at 8:28 am3Dr. S. Sivaraman

   Dear John Anderson
   Players are holding all the currencies,crosses,stocks and commodities for the traders to do short covering- they will make the surprise drop from today.Till such time have adequate equity or use hedging to limit the risk.
   Regards
   Dr.Sivaraman

4. on 17 Sep 2009 at 8:32 am4Ange

   Doc, when you say “short covering” do you mean that traders will go long on the pairs to offset their earlier losses of holding short positions?

5. on 17 Sep 2009 at 8:38 am5Ange

   Doc, since the E/U has reached quite dizzying levels already, if and when the fall happens how low is it likely to go before they reverse the trend to go long again?

   Last month a lot of analysts predicted fall of E/U to 1.38 levels in Sept, -current picture is just opposite -rise to nearly 1.48 levels! Of course now the same analysts have quickly changed views anticipating rise of E/U to 1.50 levels this week, next week,etc.
   I thought I heard you this morning that you didnt anticipate very high fall and that you predict a rise in the medium term- is it likely E/U will go long at 1.44 levels for a consolidation in the 1.46 area? (for this month of Sept.

6. on 17 Sep 2009 at 8:40 am6Ahmed Hanif

   Dear Doc, do u see EUR/GBP testing 0.88 level this week?

   Regards,

   Ahmed Hanif

7. on 17 Sep 2009 at 8:44 am7Francesco

   Good day Dr. Sivaraman,

   can we expect a drop of 300 pips on EURUSD and GBPUSD both?
   1.43-44 and 1.62-63 may be reasonable short term target for the european currencies pairs?

   And then, do you think there are chances for the USD to suffer further in the medium term?

   Thank yoU!

8. on 17 Sep 2009 at 9:38 am8shoora

   Dear Doc,

   http://blogs.fxstreet.com/marketreadings/2009/07/03/wide-range-swing-moves-for-week-end/#comment-8789

   Would you expect GBP to hold in the same range for much longer?

   You were saying there will be a shift in trading range…
   I think the shift will be higher to 1.70 in October, and lower to 1.58 in December for year end.

   Do you think the same way?

   Thank you.

9. on 17 Sep 2009 at 10:16 am9vinesh

   doc u had said a few months ago in your yearly forecast we will be going over 100 on uj and ucad will also rise we are not seeing that

10. on 17 Sep 2009 at 10:54 am10TheRumpledOne

    41 mike

    Hey Pipso,

    If you think that the algorithum needs work than make your own, start your own blog and quit questioning doc. A lot of you seem to think that the doc has a crystal ball and every week it is the same old crying when things don’t go your way. It is obvious that these comments are the result of poor trading techniques. The market will always go up and down. The panic in your messages are exactly the emotion that the players are trying to get from you so you will jump ship. All this market does is go up and down. Stop being so myopic and please have some patience. The doctor is a truly wonderful man and deserves a lot more than you second quessing his every move. Like he said earlier write your feelings down and revisit them next week. Then see where the market is. Doctor, thank you for everthing that you do for us and please don’t let the words of a few ruin your work.

    ————————————-
    “All this market does is go up and down.” I tell people this all the time and catch flak for it. BUT IT IS STILL THE TRUTH.

    I also tell them to USE THEIR EYES TO SEE WHAT PRICE IS DOING rather than looking at indicators or listen to “talking heads”.

    Each trader must find what works for them.

11. on 17 Sep 2009 at 11:31 am11Jaf

    Hi Dr

    What is the trigger point which make you think big drop coming.

    Or is it your algotherm

    thanks

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