EURO is making narrow range swings during early European session.the players are holding middle level and are expected to make a brief upward stop hunt above high and then drop towards close of European session.Then a quick drop for US session start and firming up from mid US session till close to induce short covering from lower level short sellers.GBP is expected to make a quick rise above high and then drop to low as volatile move for week end.denominator currencies are expected to make nominal moves .
the levels depending upon the intensity of fear and the volume of short covering and long liquidation.So we need to find the low when they form a low and not breach the low for more than 30 min in a session or a high and then not breached the high for more than 30 min in a session.The levels -high or low can be determined when they stop cutting the new high or low during mid sessions of the 3 sessions of the day
based on the moves if needed I will give further updates.
Regards
Dr.Sivaraman
Operators' intentions read by 

“drop towards close of European session.Then a quick drop for US session start and firming up from mid US session ” - Sorry I am confused. The US Session with start at middle of European session right ? and mid US session is nealy close of European session
Doc do u expect UJ to cut previous lows and Ucad will it rise?
Doc, so …”Today towards close of Japanese session EURO and GBP are expected to firm up and later drop quickly during early European session.From mid European session they are expected to firm up to drop again during early US session as massive drop and then make some recovery move towards close of US session for week end”… that you mentioned this morning in your prior comment dosnt aply any longer? Dont you see this “masssive drop” you mention, anymore? Tks very much. Wait for an answer to clarify.
Hi Doc do you see EUR/USD cutting the lows that have been set today ?
Many Thanks.
Dear dr.,
a word or two about U/J, please…
Thank you.
Dear Dr.
When looking at the daily chart it seems that they are forming “shoulder-head-shoulder” which means the levels 1.44 or lower could be reached 3-4 days later and we may again see near 1.48. Does it make sense to you?
Regards.
Dear Dr, do you think possibility of not cutting low in G-U today?
Hi Dr
Are you expecting a sell-off in eur for the first half of next week, they have been slowly dropping the last 2 days. Many thanks.
Dr,
Prior to Asian session- they dropped GBP- dropping GY/GU and Raising EG. EU and UJ moved upwards approx 40 pips and NO other pairs moved during this drop– I viewed this as a downward stop hunt- and it goes along with your previous forecast that GU will not give up as much as EU. This also gave a nice upward hunt on EG.
They then made contrarian moves of dropping UJ (continuing the GY stop hunt Downward) and EU.
I viewed this as a the beginnings of your previous forecast that GU will not fall as much as EU and make a ccontrarian move (GU rise- EU not as much- and fall) and bring EG down (EG hasn’t cut the high for ~12hrs. And was looking for rise in GU today and/or possibly Monday (which I believe you called stop hunt upwards today???)
Dr,
Thank you for ur predictions in the following days they were worth alot. Please give your predictions regarding GBP as the players has already dropped alot. When do u predict that the pound may or may not enter the levels above. From which month do u see GBP to rise again.
Your predictions will be appreciated alot.
Regards
Junaid Pervaiz
Santosh
close of eu seesion is till 1300 gmt
1300-1330 gmt is gap time
from 1330 gmt to 2030 gmt is us session
You can check this blog, older posts for more timetable
Dear Dr.
what low lvl may be teted for gbp before recovring to 1.65 and above?
Thanks Pipso, I am new in this forum. My understanding of sessions are more from FX market hours and they are quite different
Dear Gregor
Now downward stop hunt process is seen in USD/YEN along with GBP drop mainly to drop yen crosses even though it is a contrarian move.They will recover USD/YEN first and then rise gbp after this month end move.
Regards
Dr.Sivaraman
Dear Nazali
next week we will see month end and new month beginning volatile moves.Big up andf big down moves could be seen and more contrarian moves to reverse all the crosses from the extreme levels.Then USD weakening moves will commence from second week of october..
Regards
Dr.Sivaraman
dear Junaid Pervaiz
GBP they may consolidate around current levels with downward stop hunhts - next week we could see some new lows in gbp to drop euro as well and then the rise is expected during oct.wait for the market to stabilize to enter long in gbp.- incase you want to do swing trades then once you buy near low and the position makes profit -keep stop at entry to avoid risk and earm some swing trade profits.they wan traders to do lower level sell and buy trades in GBP with bearish feel to rise and trap them next month.
Regards
Dr.sivaraman
Doc what would be the expected level of EU low in the 1st two weekes of Oct?
Hi dr
no they didnt make a down stop hunt , is there a possile down stop hunt below low ? or what will happend now upstophunt again?
sorry i mean now not no
Doctor,
I have been looking very hard at the forex quote page from 09.00 till 11.30 gmt to workout how one is able to pin point the drop from 1.6043 (eu session) high to low 1.5919 in cable as per your forcast(are expected to make a brief upward stop hunt above high and then drop towards close of European session.)Can you please give me a clue as what maths or stats is use here until and unless you have natural gift to see beyound the sixth sense.
I am at loss
comments appreciated
thanks
Raj