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Operators' intentions read by Dr. S. Sivaraman, of i-knowindices.com

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Expected moves for tomorrow- interest rate decision times

Posted on October 7, 2009 at 15:29 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Now during US session EURO and GBP are making swings near low for the traders to do some buy and sell trades.But they are expected to slide more from mid US session when traders buy near low for swing trades.

Tomorrow they are expected to make a brief upward stop hunt before start of Japanese session and then slide.Quick drop is expected from late Japanese session onwards till 11:00 GMT- BOE interest rate decision time.After a quick volatile move before ECB rate decision -11:45 GMT and then drop after ECB press release 12:30 GMT,then recovery move towards close of US session to firmup with volatile moves on friday.

I will give more details of the moves tomorrow (08 Oct) during Asian session: Live market analysis between 05:00-05:39 gmt and the link to register for the same is given below:

http://www.fxstreet.com/live/sessions/session.aspx?id=9f692cf3-4679-4199-9b9d-7f82bec78017

Regards

Dr.Sivaraman

8 Responses to “Expected moves for tomorrow- interest rate decision times”

on 07 Oct 2009 at 3:53 pm1Ahmed Hanif

Dear doctor, do u think tomorrow Gbp/usd can break 1.5768 low.

Regards,

Ahmed Hanif
on 07 Oct 2009 at 3:57 pm2smith

Doc, during this price actions what kind of move do we expect from USDJPY? some swings and rise? can we expect that the USDJPY will reverse and start one sided rise from now?

regards,
smith
on 07 Oct 2009 at 4:41 pm3jaydee

Dear doctor,
usd/jpy seems like not going to the forecasted level of 89.80 today….. how can we expect it to behave tomorrow? any chance of a contrarian move dropin numerators and denominators both tomorrow?
regards
on 07 Oct 2009 at 4:55 pm4maxi

hi doc, do you see downward continuation in gbp to balance yen strenght?
on 07 Oct 2009 at 5:42 pm5smith

USDJPY is sliding with small volume but if it is continuing, perhaps we will se 88 area again during Japanese session. What is your opinion, Doc?
on 07 Oct 2009 at 5:49 pm6RoB!n

Dear Doc
I am holding EU short from 1.4760.Should i keep it open till bank rate announcement? As you said that it’ll drop after that news.Will it go upto 1.4550 ?
on 07 Oct 2009 at 5:56 pm7Diego N. Pamio

Is there any chance for GJ to reach 144 in the near future?
on 07 Oct 2009 at 8:56 pm8ATF

Dear Doc,

How do you expect Gold to behave today or till weekend ?
Have we seen the highs yet ?

Best Regards.

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