EUR/USD Daily Video, 03 May, 2016

[Sive Morten]

Good morning,

Today EUR has completed our target so it could take some relief now and show retracement down. Let's also specify next possible destination point:




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.

 

[Zilvinas]

Just interesting point that this week not only WPP and MPP coincides, but also almost perfectly coincides all Weekly PP and all Monthly PP. Hmm, I don't remeber when was the last time I ever seen that