Forex EUR/USD Daily Video, 27 August, 2019

[Sive Morten]

Good morning,

EUR keeps bullish scenario valid by far, but stands at vital area:



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.

 

[minimax]

I see the situation like this..

Must add: in case of break above, wave Y will just proceed as ZZ, but They are annoying with moves all days long..
In the moment Loonie is waiting Euro for move from 1,323 to 1,333 area..

12.15 CET: 1st part done, confluence 61,8 FiboR and 161,8 FiboE at 1.1137.
Downside of course it is not excluded but iritates me not hiting 38,6..
This could be fast in both sides..

 

[Brett Reynolds]

Holding shorts on EUR/$. Stops above 1.1165

 

[minimax]

Holding shorts on EUR/$. Stops above 1.1165

1,1165 should hold, think 50 as price level is max..

 

[minimax]

Situation changed..

 

[minimax]

The moment of direction is close..
Loonie needs 10+ pips to hit the target and goes down, in my opinion of course..