EUR/USD Daily Video, August 29, 2011

[Sive Morten]

Good morning,
market has shown nice bias for scalp "Buy" trade, at least. Will it become the start point of some larger upward move -we'll see. But now we can use it to enter Long:



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.

 

[DJG]

Thanks for your analysis sir

DG

 

[gforce1]

Thanks Sive.

G.

 

[fufighter]

As i often said, you are the best Sive!

Please stay with us forever.

Best,

Ayre

 

[auna]

Thanks Mr Morten. Yes USD looks gloomy but lets not forget that things are not peachy in EU as well. I repect your analysis very much but i guess that the tug of war between EU and USd should limit the fluctutions between 1.40 and 1.45 because choosing right now is like between a rock and a hard place.

 

[zedan75]

thank you very much friend