EUR/USD Daily Video, 21 November 2016

Sive Morten

Special Consultant to the FPA
Messages
18,695
Good morning,

EUR has hit all targets on daily chart, that's why our interest to daily time frame and intraday ones stands only from upside retracement point of view:





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.
 
Hey @Sive Morten thanks for your daily analysis, we are seeing a tripple bottom on the monthly chart, as per technicals this should go to 1.22, your thoughts much appriciated.
 
Great video, Sive. I would expect a slight recovery in Eur/Usd next week beford testing parity.
 
buy EUR/USD at 1.0500 and huge stoploss at 1.0300,do you agree Sive?

Hi IrwanI
actually, not quite. Buying right from 1.05 willl be very dangerous, since our weekly target stands below 1.05. It means that 1.05 lows has very small chances to survive.
If you really would like to go long - better it will do it when major targets will be hit.

Hey @Sive Morten thanks for your daily analysis, we are seeing a tripple bottom on the monthly chart, as per technicals this should go to 1.22, your thoughts much appriciated.

Hi Metaphor, and where is this 3-bottom?
 
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