Forex EUR/USD Daily Video, 28 June, 2019

Sive Morten

Special Consultant to the FPA
Messages
13,164
Good morning,

Today we change our view on EUR as it stubbornly doesn't want to go lower without any technical reasons. We think that it might be the signal of coming upside continuation:



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

Sergeant Major
Messages
709
I think 1.1350 area is now critical level in short term and that's where i would look for a PA signal to go long, probably early next week!? There is a Danger of a 'short spike up' to Hit some long term fib level i have on my chart, and then market could return right back down to relieve this overbought situation on the Daily time frame.
Either way..it's not really worth trading for me..but i have made some very good pips selling EUR & GBP against AUD and NZD this last week! Much easier..:):cool:
 
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