EUR/USD Daily Video, 08 January, 2016

Sive Morten

Special Consultant to the FPA
Messages
18,673
Good morning,

EUR has canceled our initial short-term setup, but overall bearish context has not been destroyed yet. Market now stands at level that is kind of equilibrium place. Depending on what will happen after NFP, we could get the clarity:




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 seems the EUR has changed it's preference's recently. It likes the 61,8 nowadays!?

Nothing to do until next week!
Have a relaxing weekend...Peace! :)
 
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