Forex EUR/USD Daily Video, December 12, 2018

[Sive Morten]

Good morning,

EUR confirms our bearish expectations. Today is the session before ECB meeting. Taking in consideration all negative background in EU, we expect that EUR has more chances to go down rather than reverse:



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.

 

[Brett Reynolds]

As mentioned last week..i had 2 positions..which i thought could be stopped out on NFP. My stops were 1.1420 but i removed them! I suspected a W&R on that area..and was only concerned about a Daily close and hold above 1.14. That did not happen.