EUR/USD Daily Video, August 31, 2012

Sive Morten

Special Consultant to the FPA
Messages
18,564
Good morning,
market couldn't confrim its consistency to proceed higher. Current price action is unnatural from the point of view of bullish context. Still, it's not the time to enter short yet either:





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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Sive said it would go to 2640 before confluence resistance but it only made it to 2635. WAY OFF!!!!:)
 
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