Daily Video, EUR/USD, September 23, 2010

[Sive Morten]

Good morning,
EUR is running and running and many of you are interested when it can stop, and make some bounce to the downside.
Let's try to estimate together:



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.

 

[Joh]

E/U

Thank you Sive, found the videoi difficult to hear you it was disjointed cud you pls give us a written report. I got the High bit somewhere near 135-136 but not the retracement where it wud drop to. thks for all yr efforts.Joh

 

[1954]

Thanks Sive,

I noted that 1.3550 is also confluence of SMA 50 and 100. It coincides with previous support now resistance. May we have your opinion.

 

[gcooprpm]

Eur/usd

Sive. I really appreciate what you do for us each day.
Your analysis is first class and serves as an excellent teaching
tool.
Best Regards.
George:cute:

 

[Sive Morten]

Thanks Sive,

I noted that 1.3550 is also confluence of SMA 50 and 100. It coincides with previous support now resistance. May we have your opinion.

Hi 1954
Unfortunately I do not use wide SMA's.
But in general, long term MA's very often give market support/resistance, at least during the first touch...

 

[nzfriendlee]

Thank you Sive for your sincere service & kindness!

 

[rafael jorda]

software

Thanks Sive for you advices. I would like to know the software you use to analise charts. Thanks.

 

[Sive Morten]

Thanks Sive for you advices. I would like to know the software you use to analise charts. Thanks.

Hi Rafael
This is CQG

 

[osasyankee]

made over 200pips from this analysis. Thanks Sive, u good.

 

[auna]

thnks MR Morten but i wish you could have Eur USD video or analysis everyday like before. I think it is crucial in these times to have your more than valuable input daily.