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DXY & Co., Daily Video, January 12, 2018

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Jan 12, 2018.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Morning, guys,

    Today we will take a look at multiple currencies - our CAD B&B Setup, AUD and DXY:




    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.
     
  2. Kleinerbroker

    Kleinerbroker Private, 1st Class

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    Well well well :) .... things did speed up and I just entered Long with US index at 91,195 :) .

    Could be, not sure enough if Germany is of enough importance for the EUR , that the fact that German politicians found finally consensus made the EUR climb ; this was announced short after 8 AM local German .

    Lets see, how things continue ; lots of news in the afternoon . Thanks Sive and enjoy your weekend . Wolfgang
     
    #2 Kleinerbroker, Jan 12, 2018
    Last edited: Jan 12, 2018
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  3. ward133

    ward133 Private

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    Mr sive.
    Your view on long euro was more than excellent. Even it's extended more away from first target
    What do you think next step after 1.22 it's moving like a tornado with pound as well
     
  4. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi Buddy,
    The fact that markets across the board (not only FX, but gold as well) haven't turned at our destination point, means that they should proceed to major OP's - GBP, EUR have butterflies, JPY - "222" Buy, on Dollar Index as "222" Has failed to turn market up - it should turn to butterfly with ~ 89.30 target.

    Before CPI and Retail sales release market showed nice reaction on levels but data was mostly poor and it pushed markets through daily resistance levels.
     
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