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.



Views: 3215

Comment by elanthiraiyan on September 14, 2011 at 6:36am
whats abt gold doc? ll gold break consolidation zone today?
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?



Comment by Jack Collins on September 14, 2011 at 12:55pm
Doctor, what do you think about the extended downmove on USDCHF? Do you expect it to continue until weekend?
Comment by Joao Pedro Cameira Gomes on September 14, 2011 at 3:39pm

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

Comment by Roy Sommernes on September 15, 2011 at 11:24am

Hi Dr. Sivaraman ,We miss your daily comments:)

Best regards


Comment by Ali Khan on September 15, 2011 at 7:05pm

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?


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 - .I donot want to be a controversial blogger here.



Comment by Anurag on September 21, 2011 at 8:57am
Thanks Sir
Comment by Dr. Sivaraman on September 22, 2011 at 11:58am

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.



Comment by Santosh Tiwari on September 22, 2011 at 12:19pm


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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