AUD/USD Daily Video, February 06, 2017

[Sive Morten]

Good morning,

AUD has special place among currencies due to strong relation with commodities. Price action on aussie could reflect new processes in global economy:




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.

 

[Davidovic]

Hi Sive, can you explaine how you calculate your pivot point, S1, S2, S3 and R1,R2, R3 based on your weekly and daily time frames. I have a tool with Dukascopy, buth when i calculate i become different numbers than yours... Thx

 

[Sive Morten]

Hi Sive, can you explaine how you calculate your pivot point, S1, S2, S3 and R1,R2, R3 based on your weekly and daily time frames. I have a tool with Dukascopy, buth when i calculate i become different numbers than yours... Thx

Hi, actually, I use pivot indicator for MT4, the same that you can download in our thread. It should be classic pivots, (H+L+C)/3 etc.
To be honest I've checked it once and it was OK, but may be on some combinations of dates/weekdays it could show wrong numbers ... I'm not totally sure with it. So if you see some mismatches - let me know we recalculate it...