EUR/USD Daily Video, 11 August, 2016

[Sive Morten]

Good morning,

EUR now stands in retracement down, so let's try to estimate its bottom:



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.

 

[keremg]

Great to see your analysis and view every morning Thank you for that! May pips rain down on you! Cheers from Berlin

 

[Brett Reynolds]

Still Long Kiwi and Ozzie. Shorts being held on Euro. Lets see how today's Daily candle finishes as i have 1.1175 as very important level.
If i am not mistaken Euro looks like it has formed 'Bearish Wedge' or Banner or similar.. since last August. Look at the weekly chart.