EUR/USD Daily Video, January 18, 2018

[Sive Morten]

Good morning,

Finally EUR brings some clear patterns which let us to estimate possible target of retracement:



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.

 

[ward133]

Good day mr sive

Will ask again about cad chart please. As I am involve of sell from 1.2430. Not so far. Till now
So is it evening star ? And what it mean ?

 

[Sive Morten]

Good day mr sive

Will ask again about cad chart please. As I am involve of sell from 1.2430. Not so far. Till now
So is it evening star ? And what it mean ?

Hi, well, BoC decision was expectable and it brings no big changes to CAD. Now, they will probably keep watching for Crude prices.
On daily chart we have big dogi. Technically further direction will depend on its range breakout...
Currently scenario that we've talked about is sitll valid as market has not broken above 1.26 yet