Sive Morten
Special Consultant to the FPA
- Messages
- 18,564
Good morning,
EUR mostly shows shot-term bullish picture. Since innaguration will bring a lot of uncertainty - long-term traders, who hold shorts on EUR, could unwind their positions a bit. And this could support upside action on EUR for a while. Thus, reaching of 1.0840 area within 1-2 weeks doesn't look as impossible to us:
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.
EUR mostly shows shot-term bullish picture. Since innaguration will bring a lot of uncertainty - long-term traders, who hold shorts on EUR, could unwind their positions a bit. And this could support upside action on EUR for a while. Thus, reaching of 1.0840 area within 1-2 weeks doesn't look as impossible to us:
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.