EUR/USD Daily Video, 05 January, 2016

[Sive Morten]

Good morning,

EUR stands on course of our medium-term analysis. Still in short-term could be some tricky moments:




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.

 

[AnkitIndia]

Thankyou Sive

 

[Brett Reynolds]

I took short position yesterday..Initial target 1.0720 ish area..as this is 61.8 on explosive move up on 3rd Dec. This is also a long term trend line i have marked. If market passes below then we are on for 1.05 lows...which..in my opinion is already a done deal anyway!
On Gold..it's tricky now but i have level to watch at 10.98/11.00 area. If it get's there? ..then that could be excellent shorting opportunity?

 

[Sive Morten]

On Gold..it's tricky now but i have level to watch at 10.98/11.00 area. If it get's there? ..then that could be excellent shorting opportunity?

To be honest, Brett, I don't know. Technically, may be... But it will depend mostly on political escalation degree of Saudi Arabia and Iran... and involving of other countries...