EURO and GBP made the expected drop yesterday during US session.But GBP made more driop than usual as the players wanting to hit the stops in all GBP related crosses for near month end time.Today holding EURO and further dropping GBP and also USD/YEN they made massive downward stop hunt in GBP/YEN and rise in EURO/GBP.So trading without stop and hedging they want to bring in margin call and earn in thin volume market.
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.
US session moves are expected to be very quick and distress moves.Trade with caution and hedging to limit the risk.Players are aggressive to earn big for quarter ending.
Regards
Dr.Sivaraman
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Dear dr.,
E/G expected to rise more for some days?
Thank you,
Gregor
Dear doctor,
How low do you think players can drop GBP in this recent drop before the next rise? Yen crosses yeasterday u wrote that they are inducing long liquidation before massive rise, how much more can be the drop or hw long can tey take before rising yen crosses especially gbp/jpy??
thanks and regards
do you see the USD/JPY rising from the current low or is it likely to hit lower before the rise? While the pair has remained in nearly the same range in the last two sessions, (today’s being a higher low/lower high), is it likely to rise for the European session? would a buy and sell be safe here at close to current low? your advice is much appreciated.thanks
Dear Doc,
Is it possible to see 1.45 level in EUR/USD today?
Thank you very much for timely updates & all the information!
Dear Dr. Sivaraman,
today during Japanese session EURUSD bounced just above tuesday’s low at 1,4610
Do you think this low will be cut in the next days for a further fall to 1,44 - 45?
Thank you!
Thank you are you expecing the downward move in eurousd to carry into next week?
the EURGBP’s moving is similar to the Dec 2008 when the price went continously up due to the quarter and year end. According to the charts it can go 0.9230-50 area before the reversal which seems to far away from here. Perhaps next week we will see a significant drop.
Hello dr
Thanks for the wise comments. I’m new in forex, sometimes do not fully understand his teachings, but I’m on the road.
I wonder if you and / g will start to come down today, because I have a sale on 88 and I’m worried. Your comments will be most useful for me too,
Thank
Doc, USDJPY is always coming back to the 90.50 area. It seems that it want to cut the 90.00 level just because of hitting a lot of stops and option barriers and after that it may reverse. What do you expect Doc?
Hi all the guys and dolls,
I read lot of you newbys have either sold or bought positions far from current levels and worried if at all one would see these levels again. I do not have the ghift of ability that the SIR has but I feel he can best help if you open up a little bit with details as where you are and how far what can be added or taken away so you come good in the end.
my 2 rupee sudggestion.
Regards
Raj
Hello Raj and Mrs Dr
I am in sales in e/g , 88.00
what u think , ?
thank you
Could anyone tell me what Dr.S means by ‘red-red’ or ‘green-green’ please? Heard it mentioned in seminar but didn’t catch the meaning. Something to do with net change in live quote page I think but don’t know how he uses it.
Thanks
Dear Docs,
Are you expecting GU to break June’s low ie.1.5802 or will it just touch Days Low as lower Stop Hunt and then a massive Rise…???
Dear Doc: The massive drop could be quantified? say 150 pips in eur/usd from highs? In other words, 1.4550 is your target today? Tks very much
Dear Gregor
Players made circular trades and rised euro/gbp- further rise or drop now depends uipon traders willing to do short covering.If the traders do short cover the players will sell to them and drop- if not they will hold and rise some more to add fuel to fear and then drop once the traders give up.The handling of thin volume crosses will be of this nature in extreme conditions -same is true with other european crosses and YEN crosses.
\Regards
Dr.Sivaraman
Dr, It would have been good if you had made the above statement last week before declaring .86 was likely that week.
Regards.
Dear Sam,
You should understand that players take their position according to the traders positioning. Therefore, when they see there are new short positions and less short covering they change their mind and rise further. When it is liquidated and shorts are covered enough, they will decide to drop. This is not about the Dr. forecast.
Regards,
Beadelta,
I am sympatic with you on this “short” you have.
Timewise I think you will have to bear this out today and Monday for further rise from here on not much. Gbp bulk correction has been achieve spike down to low and further low is still on the cards depending on new sellers. if new low is formed today then I think monday will be the flushout to take all the long holders and base for a while.what do you think of this anology doctor? pls add if need to be.
Regards
Raj
Dear doctor, would you please give the time frame when the players will further drop gbp?
Thank you
Would be a good buy jpy at 90 level?
Thank you,