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EUR/USD Daily Video, April 15, 2011

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Apr 15, 2011.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    Although market has not accomplished our butterfly "Sell" pattern, currently it is forming another one.
    My expectation is still the same - I think that market will clear out 1.45-1.4550 area before will show any reversal patterns. But trading such kind of environment has more risk:




    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.
     
    #1 Sive Morten, Apr 15, 2011
    Lasted edited by : Aug 15, 2015
  2. Lolly Tripathy

    Lolly Tripathy Master Sergeant

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    Thanks a lot

    thank you sir
     
  3. dpowen

    dpowen Private

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    Hi Sive,

    Hope you have a great weekend.

    If you get a chance would you mind briefly looking at NZDUSD in the coming week there is some serious blow off price action with 22 consecutive days above the prior daily range.

    If you got out a protractor I'd say a 65-70% angle at the moment, can it go vertical? ;)

    Thanks again for your analysis, you're a champ for donating your time as you do.

    Cheers.

    David.
     

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