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

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Current market moves

Posted on October 19, 2009 at 12:04 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

The forecast expected a quick drop during early European session and then qucik rise from mid european session till close of the late European session before the drop for us session.but as the players are busy handling the crosses - they made up and down moves in USD/YEN and swings in euro and gbp and other pairs.Since the rise in late european session is not very significant- the fall during US session could be significant.that you set the trend till mid week.

Regards

Dr.Sivaraman

Tags: EURO/GBP and YEN crosses

9 Responses to “Current market moves”

on 19 Oct 2009 at 12:54 pm1radha

Dr Is your latest market comment is any way dependent on US Stock markets performance today. Given the European stocks are in positive territory…normally EURUSD gains when US Stocks raise….Thnx
on 19 Oct 2009 at 1:56 pm2pipso

Radha, Doctor doesnt correlate market, meaning these markets while follow each othr, some occasions thy wont
on 19 Oct 2009 at 2:04 pm3Dr. S. Sivaraman

Dear radha
we will see soon the change in the market correlations.they are bound to appear related from time to time differently.
From next week we will see that change visible in the markets.
earlier dow was related to USD/YEN and now with EURO and later it may be inversely related.
Regards
dr.Sivaraman
on 19 Oct 2009 at 2:08 pm4Adnan Butt

respected dr,

Do u think eur/usd will test 1.5000 in few days?

regards
on 19 Oct 2009 at 2:19 pm5Masood

Hello Dr:
Thank you for your insights. I was wondering where you think EUR/USD will be going in the next few days? Do you think it will slide significantly, to the 1.46 level within the week?
If so, can it potentially reach 1.5 and above before this happens?

Thank you! Your work here is very much appreciated…

Respectfuly,

Masood
on 19 Oct 2009 at 2:40 pm6radha

Dr.DOW is above 10000 and EURUSD has cut the high for the day….thnx
on 19 Oct 2009 at 2:44 pm7smith

Doc, EUR and GBP have cut the high after gap time. So what kind of move do you expect during rest of the US session? Further rise and new local high’s are possible as I see.
on 19 Oct 2009 at 2:46 pm8Arun Kandyal

Hi Sir
Again Upward stop hunts in both instead of drop.
Regards
Arun Kandyal
on 19 Oct 2009 at 2:51 pm9Jaf

It appears to me that any algoritham which does not take into account money flow i.e from Stock market to bonds and vice versa may have some shortcoming.Me no expert in maths but every commentator and chart showing correlation between stocks,bonds and usd for months cannot be wrong.

My 2 cents worth

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