A drop may lead to gain again
EURO and GBP made the drop after yesterday US session gains.Lower level wide range swings are to build profit with the initial long positions before making higher level longs to gain levels in the market- that way the average value of the longs could be still below market level - a safe play strategy of the players.
During Japanese session swing and slide moves are expected.
European session may show early session dip and then firming up towards close of the session.
US session may show eitherway volatile moves - a quick gain followed by quick drop and slow gain there after during the session.
USD/CHF and USD/CAD may gain more levels after yesterday's downward stop hunts.
AUD is expected to slowly lose the levels in coming days.
USD/YEN and YEN crosses may quickly drop and gain big in coming days.
Contrarian moves may be seen mostly to handle crosses during lower level consoludation time.
Regards
Dr.Sivaraman
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Comment by elanthiraiyan on September 14, 2011 at 6:36am -
whats abt gold doc? ll gold break consolidation zone today?
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Comment by Bassam A. Muhammad on September 14, 2011 at 10:49am -
Hello Dr , Some are stating buttom of eur drop to 1.32 , others to 1.28 , others to 1.20 , whats your opinion ? where would be the bottom before reverse?
Regards
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Comment by Jack Collins on September 14, 2011 at 12:55pm
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Doctor, what do you think about the extended downmove on USDCHF? Do you expect it to continue until weekend?
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Comment by Joao Pedro Cameira Gomes on September 14, 2011 at 3:39pm
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Dear Dr. Sivaraman:
I am Long on EUR/CHF from 1,14...I was lucky enough to hold that position when the SNB decided to impose a minimum on the cross...Assuming that SNB will stand by it´s "word", may I ask what your thoughts are on this cross? Will it stay around current levels or go up?
Warm regards
Pedro Gomes
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Comment by Roy Sommernes on September 15, 2011 at 11:24am -
Hi Dr. Sivaraman ,We miss your daily comments:)
Best regards
Roy
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Comment by Ali Khan on September 15, 2011 at 7:05pm
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Dear Dr,
If possible,in "tracking markets together webinar" please tell if there is any way to use the profit booked with the hedge...I mean Hedging profit is in Balance but can it be utilized in any way?
Thanks
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Comment by Dr. Sivaraman on September 21, 2011 at 4:15am -
Dear Those interested in my blog updates:
I am updating blog in my website - www.i-knowindices.com/blog .I donot want to be a controversial blogger here.
Regards
Dr.Sivaraman
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Comment by Anurag on September 21, 2011 at 8:57am
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Thanks Sir
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Comment by Dr. Sivaraman on September 22, 2011 at 11:58am
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Dear All
it is reversal time for EURO and GBP and trending time for USD/CHF,USD/CAD and AUD.USD/YEN is expected to make a quick drop and quick rise move during this time/
EURO and GBP are expected to make USD weakening moves till year end .others are expected to make usd gaining moves as part of multi year trend reversal move.
Regards
Dr.Sivaraman
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Comment by Santosh Tiwari on September 22, 2011 at 12:19pm
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Doc,
Please consider the fact that EUR and GBP has been breaking the lows from morning. your forecast above does give an indication on that reversal is about to start now.
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