EUR/USD Daily Video, July 22, 2011

[Sive Morten]

Good morning,
market shows strong bullish momentum, but now it very close to solid resistance at 1.4430-1.4470:



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.

 

[asif faryad]

videoes

the videoe is not there???

 

[ixoye49]

Newbie question

It is a fantastic service that you provide. I really appreciate it.

What is the red moving line on the chart?

Jerry

 

[Sive Morten]

the videoe is not there???

It is a fantastic service that you provide. I really appreciate it.

What is the red moving line on the chart?

Jerry

This is DiNapoli MACD Predictor. It gives the same signals as MACD, but use instead of second line price chart.

 

[asif faryad]

Thank you

Thanks Sive

You are destined for Heaven great great kindness you offer us all.

Lots of postive energy to you and your Family

Asif

 

[karransk]

EURUSD - is retracing now

Good morning,
market shows strong bullish momentum, but now it very close to solid resistance at 1.4430-1.4470:



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.

It will test this again, IMO, to try and break this over the next few sessions.. I would imagine there are some pretty big stops above this level.

Anyway, we'll know soon enough over the next few sessions..

BTW.. although the sound is not clear, I think your analysis is pretty good.