EUR/USD Daily Video, April 17, 2012

Sive Morten

Special Consultant to the FPA
Messages
18,664
Good morning,
market is showing price action that could be treated differently. To my mind there is a lack of evidence as from bullish as from bearish side. Anyway, it is early to say that by yesterday's jump up market has destroyed potential for downward continuation. Probably we should to wait some more facts:





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.
 
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