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EUR/USD Daily Video, August 01, 2011

Discussion in 'Sive Morten- Currencies, Gold, Bitcoin Daily Video' started by Sive Morten, Jul 30, 2011.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning

    While we've discussed move by H&S to 1.41-1.4150 area, Friday's price action tells that we have to wait with that and market could accelerate righti to 1.4510 area.

    Due to sophisticated fundamental environment with US debt ceil, it's difficult to plan something for long perspective - everything cound turn from head to bottom with a blink of an eye...



    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, Jul 30, 2011
    Lasted edited by : Aug 15, 2015
  2. DJG

    DJG Corporal

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    thank you so much for your help and leadership i learn a lot from watching your analysis

    i have a question Sir : if they reach a deal to raise the debt ceiling and cut spending , will that change anything about the 1H chart buy signal at 1.4332 or do we expect a stronger bearish move over all and maybe completion of the H&S pattern ? :confused:

    Thanks Sir

    DG
     
    #2 DJG, Jul 31, 2011
    Last edited: Jul 31, 2011
  3. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi DG,
    we've discussed this in weekly thread and as you can see now - yes.
     

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