Sive Morten
Special Consultant to the FPA
- Messages
- 18,699
Good morning,
so market has done well - reached our 1.4350 target and turned to downside again.
Major question today is to estimate - is current move start of daily upward continuation or, as we've said yesterday just a retracement before further downside move.
Currently it's very difficult to answer, so we just can specify some "red" levels to watch for:
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.
so market has done well - reached our 1.4350 target and turned to downside again.
Major question today is to estimate - is current move start of daily upward continuation or, as we've said yesterday just a retracement before further downside move.
Currently it's very difficult to answer, so we just can specify some "red" levels to watch for:
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.
Last edited by a moderator: