Forex EUR/USD Daily Video, 25 July, 2019

[Sive Morten]

Good morning,

As EUR ignores intraday targets it makes us think that we could get downside acceleration rather soon.



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.

 

[Brett Reynolds]

Oh.!? The rumour is to 'Cut' rate!? I did not here this? I am checking Forex Factory Calendar and it's showing rates already at 0.00%..lol.!? Hmm..well..i don't normally take much notice about 'Funny-mentals' but interest rates i do!
Anyway..I will close 2 positions for some OK Profit..and hold one open...and monitor because we may get a 'bounce' for an hour or 2...then later today...more downward continuation.!? Sounds like a Plan..!? or what.!?

 

[Sive Morten]

Oh.!? The rumour is to 'Cut' rate!? I did not here this? I am checking Forex Factory Calendar and it's showing rates already at 0.00%..lol.!?

It's not about major rate, it's about Lending facility, which is 0.25%... Anyway, they kept them intact

 

[Brett Reynolds]

It's not about major rate, it's about Lending facility, which is 0.25%... Anyway, they kept them intact

Oh yea..Lending facility currently 0.25%...so another cut and that would 'also be at 'Zero'.!! lol..
Ps. I'm Happy i closed for some Profit..! See where Daily Candle closes today..