EUR/USD Daily Video, 09 February, 2016

[Sive Morten]

Good morning,

We expect that EUR should form another leg up to 1.1285-1.13 area before retracement or any other action will follow:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Brett Reynolds]

Check it out!!

 

[Sive Morten]

Check it out!!

Hey Brett, it's nice, but most valuable is at 8:33 - chart of DJ and target of drop. Other stuff, yes, it is correct, we also talked on this sub. That stock rally is artificial and mostly is based on QE printing - all money was sent there, to stoxx, since no other assets could absorb such liquidity.
Our gold view is mostly the same

Thanks.

 

[Brett Reynolds]

thanx Sive. Not sure what you mean '8.33! You mean final target of retracement..? which is around July 2009..??

 

[Sive Morten]

Not sure what you mean '8.33!

It's a time frame in video. He spoke on DJ downside targets...