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

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either way stop hunt moves for a day

Posted on October 29, 2009 at 6:41 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Euro and GBP made the downward stop hunt during start of japanese session below yesterday close and then firmed up to firm up towards close of Japanese session and after upward stop hunt above high during early European session they are expected to slide from mid European session till close of the session.After a downward stop hunt during late european and gap time before US session they are expected to swing and firm up during US session as risk appetite move after yesterday risk aversion move.Tomorrow they are expected to make risk aversion move ( USD gaining moves) for week end.

Regards

Dr.Sivaraman

Tags: risk aversion and risk appetite

15 Responses to “either way stop hunt moves for a day”

on 29 Oct 2009 at 8:43 am1kawarimi

Hi doc, so what is your view on GBPUSD? Is it expected to drop on friday?
on 29 Oct 2009 at 9:26 am2smith

Doc, USDJPY has cut the high today and not holding the low until now as you forecasted at today’s webinar. Despite of this we can expect the drop to the 90 area, can’t we?

regards,
smith
on 29 Oct 2009 at 9:46 am3Dr. S. Sivaraman

dear kawarimi
Yes - initially it may make an upward stop hunt before UD GDP data time (12:30 GMT) and then slide and drop tomorrow for week end.
on 29 Oct 2009 at 9:47 am4Dr. S. Sivaraman

Dear smith

Now USD/YEN is making contrarian move - dipped along with EURO and GBP during Japanese session - now rising along with them during European session to drop again along with them during US session.
Regards
Dr.Sivaraman
on 29 Oct 2009 at 10:07 am5vinesh

Doc is UJ expected to rise again?
on 29 Oct 2009 at 10:39 am6Dr. S. Sivaraman

Dear vinesh
there could be another drop to low today early US session and then rise for week end.
Regards
Dr.Sivaraman
on 29 Oct 2009 at 10:58 am7Fawad

DR. what is your expectation regarding Gold. Do u think it may make a new high again n to what level n when do think it will come 960 level.

Regards

Fawad
on 29 Oct 2009 at 11:16 am8grow

Hi
Will eurusd and gbpusd cut the lows to day after they make the highs?
on 29 Oct 2009 at 11:39 am9Dr. S. Sivaraman

Dear Fawad
In gold initially a drop for a week or 2 to reach below 1000 and then rise
Regards
Dr.Sivaraman
on 29 Oct 2009 at 11:40 am10Dr. S. Sivaraman

Dear grow
Either today or tomorrow they are expected top trade below today’s low.
Regards
dr.Sivaraman
on 29 Oct 2009 at 12:27 pm11grow

Thank you much appreciated
on 29 Oct 2009 at 12:59 pm12Francesco

Dear Dr.Sivaraman,

as per your expectations stop hunts happened today.

Now EUR and GBP spiked to new daily highs.
Do you still expect a drop from these levels to cut today’s low in the week end?

Regards,
on 29 Oct 2009 at 1:19 pm13Gregor

Gap time move = false move.
So do we expect more upside in E/U?
on 29 Oct 2009 at 2:15 pm14grow

Is the stop hunt in gbpusd and eurusd near an end?
on 29 Oct 2009 at 2:37 pm15Jack in AZ

Dear Dr. Is 250 pips the max for gbp in one day and 350 pips for one week? Thanks

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