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EURO and GBP firmed up to slide again

Posted on September 21, 2009 at 16:16 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the quick rise during US session mainly to attract buyers at lower levels and to hit the stops of the lower level sellers.They are expected to slide again from mid session and drop tomorrow during Japanese session.

I will explain more during Asian session: Live market analysis webinar between 05:00-05:30 GMT tomorrow (22 Sep) .

The link to register for the same is given below:

http://www.fxstreet.com/live/sessions/session.aspx?id=aac67e4a-b634-49e2-bdf8-8115bf3d3646

Regards

Dr.Sivaraman

4 Responses to “EURO and GBP firmed up to slide again”

on 21 Sep 2009 at 4:48 pm1Ahmed

Many thanks for the update.
Regards
on 22 Sep 2009 at 2:55 am2Arun Kandyal

Hi DR.
Do you still expecting drop in euro for today or again delayed for tomorrow?thx

Regards
Arun Kandyal
on 22 Sep 2009 at 5:41 am3Roshan

Hi Doctor, please can you tell me.

The high and low ,shown on the live quote page, refers to which period? is it the high/low for the previous session or from 00:00 GMT.

Thanks Doc
on 22 Sep 2009 at 6:48 am4smith

again the USD weaking moves. During Japanese session all the yesterday’s USD gain was erased. The players are acting very well, probably there are a lot of short sellers who are stopped out. But tell the truth, it is very annoying to see this even that if we can not trade with emotions.

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