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

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extreme levels for reverse

Posted on October 20, 2009 at 6:26 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made nominal further rise from that of US session close to slide during japanese session close.They are expected to make quick gains during early European session and slide from mid European session till close of European session.subdued swings are expected to be seen during US session.The extreme psychological levels are shown in euro and usd/chf indicating  reverasal move to commence soon.

they are expected to open with downward gap opening tomorrow and make mid week volatile moves.

Regards

Dr.Sivaraman

34 Responses to “extreme levels for reverse”

  1. on 20 Oct 2009 at 6:40 am1Pavel

    Hello

    From when do You expect significant drops in eur and gbp?

    Thanks

  2. on 20 Oct 2009 at 6:41 am2Adnan Butt

    Respected Dr.

    Thanks for update.

    How long eur/usd will advance?
    1.5000 or 1.5100-5200 ?

    Or reversal is before these levels?

    ur analysis and guidence r of very vlue for me and others.

  3. on 20 Oct 2009 at 7:10 am3Annie

    Hello,

    Will tomorrow’s Japanese Session bring EURO to below 1.49 levels? Tkx.

  4. on 20 Oct 2009 at 8:29 am4Jeeson Augustine

    Dr,
    GBPUSD hourly pattern shows a drop to 1.6176 to 1.5900 in next 72 hrs; is it same levels with your technique.

  5. on 20 Oct 2009 at 8:34 am5Santosh

    Jeeson ,
    What pattern are you talking about?

  6. on 20 Oct 2009 at 8:45 am6Ian Coleman

    I agree. I have EURUSD in a large ascending wedge formation and GBPUSD at the top of a daily downward channel. AUDUSD is at 261.8% of the first wave up so may also be due a reversal

    All the best

    Ian

  7. on 20 Oct 2009 at 9:40 am7Dr. S. Sivaraman

    Dear Pavel
    significant drop could be seen from coming monday.Till such time there will be volatile moves prevailing in the market.
    Regards
    Dr.Sivaraman

  8. on 20 Oct 2009 at 9:58 am8Dr. S. Sivaraman

    Dear Adnan Butt
    if majority of the traders are not placing lower level buy orders - the players could induce more fear and short covering by making further rise.But the holding pattern indicates that the volume is very less for such big moves.Regards
    Dr.Sivaraman

  9. on 20 Oct 2009 at 9:59 am9Dr. S. Sivaraman

    dear Annie
    yes expected.
    Regards
    dr.sivaraman

  10. on 20 Oct 2009 at 10:01 am10Dr. S. Sivaraman

    Dear Jeeson Augustine
    the current swings and subdued moves indicate low volume is prevailing in the market.so such big drops may not come in 72 hrs.
    Regards
    Dr.Sivaraman

  11. on 20 Oct 2009 at 10:05 am11Fawad

    Do u c gbp/usd to 7000 level within a month. i wil b grateful i u reply my query as i asked it thrice but received no reply.
    Regards
    Fawad

  12. on 20 Oct 2009 at 10:15 am12Chris

    Hi doc , long time no speak, doyou see eur/gbp cross coming down further next few days please thanks.

  13. on 20 Oct 2009 at 10:19 am13Pico

    Dear Dr. Sivaraman, thank you so much for helping us with your insights! Please, can you talk a little about X-Factor?

    Thanks again!

  14. on 20 Oct 2009 at 10:54 am14Sasa

    Dearn doctor, I have following your comments for sometime now. Why do’t you ever give levels high and low, where to enter or exit?

    Regards

  15. on 20 Oct 2009 at 11:43 am15Adnan Butt

    Respected dr,

    Very Very Thanks for ur humble comments

  16. on 20 Oct 2009 at 11:46 am16Pico

    Sasa, i think because the market is not exactly. You have to react to the market as it gives the oporttunities. Dr always shows initial high and lows levels during webinar, but you have to wait market stop cutting high and low to open orders.

  17. on 20 Oct 2009 at 11:58 am17Diego

    Webinars are at an inconvenient hour for my time zone, is there any way I can watch them afterwards?

    Dr., you are like the “Ezchoyez” of the Forex ;-)

  18. on 20 Oct 2009 at 12:09 pm18mosnet

    Sasa,
    Gbd/Usd, the cable will retest 16440-60. Why? It’s major
    major resistance (upper band )If it breaks above this levels
    (watch false brk.)can quickly advance to 16750 (next to 17050).
    Downside, 16120 may not hold, the cable could drop all the way down to its major support levels (bottom band) 156-55
    Eur/Usd, major resistance 14990 (upper band ).If it breaks above 15010 can quickly advance to 15070,watch this level
    possible trend reversal, could drop back to 14900 level,october support.

  19. on 20 Oct 2009 at 12:28 pm19mohi

    Diego, I believe webinars are now recorded, check with fxstreet admin

  20. on 20 Oct 2009 at 12:47 pm20Twitter-fxi

    Not sure if every webinar is being recorded but here’s a link http://www.fxstreet.com/live/transcripts/

  21. on 20 Oct 2009 at 1:19 pm21maxi

    hi doc, waiting patiently for your senario for gbp and eur to fall, looks like top is forming at time of writing, however, renewed bullishnes also seems to have come.

  22. on 20 Oct 2009 at 1:24 pm22maxi

    doc have you view on medium term bull or bear on gbp?? should we wait for suggested pull-back to see if it drops big or just pullback within uptrend? do you share this view?

    many thanks…

  23. on 20 Oct 2009 at 1:39 pm23Jeeson Augustine

    Thanks Dr,
    Will wait for BoE minutes; Hope it will show something like USDCAD.

  24. on 20 Oct 2009 at 1:55 pm24smith

    perhaps the drop for today has finished. EUR cut the low and start to firm up, GBP is strong enough.

  25. on 20 Oct 2009 at 3:12 pm25Dr. S. Sivaraman

    Dear Fawad

    GBP is expected rise to your expected level by late November 2009.
    Regards
    Dr.Sivaraman

  26. on 20 Oct 2009 at 3:13 pm26carlab

    Dc: Do you think GU is next to come off? If so, what level are you expecting pls?

  27. on 20 Oct 2009 at 3:14 pm27Dr. S. Sivaraman

    Dear Chris
    You can easily follow the moves now in euro/gbp they are trapping the buyers not giving profit booking opportunities.
    They are expected to make this one sided drop for another few days.
    Regards
    Dr.sivaraman

  28. on 20 Oct 2009 at 3:15 pm28Dr. S. Sivaraman

    Dear Pico
    the details of ‘x’- factor I have given in the blog and also in my website.I request you to refer to them.
    Regards
    Dr.Sivaraman

  29. on 20 Oct 2009 at 3:17 pm29Dr. S. Sivaraman

    Dear Sasa
    I give the expected market moves here and the traders are expected to determine the levels following the explanations I give in the webinar.
    Regards
    Dr.Sivaraman

  30. on 20 Oct 2009 at 3:21 pm30Dr. S. Sivaraman

    Dear Diego
    The webinars given on mondays and monthly webinar -tracking the forex market together are expected to be recorded and displayed for future viewing.
    I am a simple man like every one here.I have learnt some from market and I want small traders to get the insight and trade without losing money.So this blog is fully devoted to guide traders without any motive of business development.

    Regards
    Dr.sivaraman

  31. on 20 Oct 2009 at 3:24 pm31j.j

    Dear Dr. Sivaraman hi, thank you for all the good hard work,pls keep update us with yr view.

    regards

  32. on 20 Oct 2009 at 3:32 pm32Dr. S. Sivaraman

    dear maxi

    A nice drop during early Nov and again a fast rise from 3rd week of Nov. are expected moves in GBP.You know the monthly potency of net change they can make.
    Regards
    dr.Sivaraman

  33. on 20 Oct 2009 at 3:46 pm33vinesh

    Doc do you expect EU/USD to go down to 1.40 in Nov and UCAD to 1.11?

  34. on 20 Oct 2009 at 3:46 pm34Jaf

    Jeeson Augustine

    I do not know which chart you followed but you might be right

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