Week end -expected moves
Posted on October 16, 2009 at 2:51 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman16 Comments »

EURO and GBP made the higher level swings towards close of yesterday US session.Now for week end time gbp/USD has made a huge upward gap opening when EURO was holding - mainly to drop further EURO/GBP.

A last attempt to induce short covering in EURO and GBP before the week end drop.

EURO and GBP are expected to hold high and may make a brief upward stop hunt during 05:00-06:00 GMT and then slide during early European session to firm up during mid European session to handle the crosses - mostly contrarian moves.During late European and US session times they are expected to drop significantly for week end close.

Monday for week beginning they are expected to make extended downward move.

I will give update if there is any change in the expectations after reading their session wise market moves.

Regards

Dr.Sivaraman

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Massive drop in EURO/GBP
Posted on October 15, 2009 at 8:22 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman18 Comments »

Now players made positive 10 pips net change in euro and positive 200 pips net change in GBP to drop massively EURO/GBP- the much awaited move.so after massive upward stop hunt they have shown their intentions now.They are expected to off load similarly other currencies.watch and trade reading the intentions of the players.So before week end they are lightening their positions in criosses,they will come to majors from late European session onwards in a big way making profits to net permisable levels.

Regards

Dr.Sivaraman

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