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Forex EUR/USD Daily Video, 22 August, 2019

Discussion in 'Sive Morten- Currencies, Gold, Bitcoin Daily Video' started by Sive Morten, Aug 22, 2019.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,

    EUR forms mixed setup as picture contradicts to Dollar Index chart. So, we need to either wait for clarity or use Stop entry orders around consolidation's extremes:



    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.
     
  2. minimax

    minimax 2nd Lieutenant

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    The biggest problem in this correction is range, everything is about 30 pips range.. Gold will tel the near future, in my opinion.
     
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  3. Venelin

    Venelin Master Sergeant

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    Somewhat good PMI data from EZ, and euro immediately plays Stop Grabber. I will be watching price action(if gets there) arround WPP@1.1130 for clues, where the direction further will be.Also I am watching indexes and JPY croses closely, as euro is funding carry trade currency right now and risk off will push euro higher IMHO.
     
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  4. minimax

    minimax 2nd Lieutenant

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    THIS is not about 150 -200 pips up/down, it is about world monetary policy.

    One World One currency One big (von) Tra-u--m-p-p fammily!
     
    #4 minimax, Aug 22, 2019
    Last edited: Aug 22, 2019
  5. minimax

    minimax 2nd Lieutenant

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    Simpliest count could be finished but I do not trust it 100% so pair could make another leg dow, depends mostly on break bečow1492 of gold or retrace above 1504....
     

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  6. minimax

    minimax 2nd Lieutenant

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    There is something in the air..
     

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  7. minimax

    minimax 2nd Lieutenant

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    Same with usdjpy..
    Is E and 4th of an impulse at 38.6 in place or we get triangle as E of bigger triangle?
     

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