Forex EUR/USD Daily Video, 17 September, 2019

[Sive Morten]

Good morning,

EUR stands just one step from breaking of bullish context:



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.

 

[sveckar22]

Hello everybody, possible confluence level at 1.10600, but the upward action today is pretty strong.

 

[ED SCHAFFER]

Hello everybody, possible confluence level at 1.10600, but the upward action today is pretty strong.

Yes Sveckar the BIG $ ELEPHANTS / WHALES were at it again stop hunting all the suckers below the 1.10 area & then ramming the EUR back up. Note the Oscillator DIVERGENCE that was occurring then on most commonly used Oscillators. That is your tip-off. Cheerio.

 

[minimax]

I see the structure so.. Move down could be or not be completed because it did not hit 38,2. Yesterday eur futures 3/20 closed up significantly higher again so we may be surprised with todays low on spot, 100% CFlat=aFlat is still below current LL of the structure.