EUR/USD Daily Video, March 26, 2018

[Sive Morten]

Good morning,

It is really a task to find direction in this mess that EUR shows right now...



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]

I closed one of my short positions yesterday for small loss after market failed to show any downward follow through and held above 1.2350. 1.24 area is level where many stops could be triggered for potential breakout of large Triangle!?
This could be a 'False Break'? The whole picture looks like large Pennant or wedge pattern!? It's looking more and more like Breakout to upside!? And...with all that is happening with Commodities/CAD etc..its' looking more like $ weakness going forward! Some major news announcement in the next week or 2 could be trigger because if you look at all major currency crosses they seem to be at long term key levels at the moment.!
Spasiba..