EUR/USD Daily Video, February 18, 2011

Sive Morten

Special Consultant to the FPA
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18,669
Good morning,
currently market has very contradictive patterns, so I think that we should wait for clearer signals:




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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Eur/usd

Hey Sive

Thanks again for your analysis. I think marked this morning is going down a bit. So maybe the Bearish is still holding. Have a nice weekend when you come to this.

/Tony
 
euro analysis

Hi Sive: Know you did in depth analysis for aud this week. Is there any change re: your bearish bias over next week's timeframe for EUR?

Thanks

Chris
 
Hi Sive: Know you did in depth analysis for aud this week. Is there any change re: your bearish bias over next week's timeframe for EUR?

Thanks

Chris

Hi Chris,
the recent move up makes me worry a bit. In current video I said that for shorting EUR I need take out the low at C point - this has not happened, and market has shown thrust to the upside. Currently for any possition we need some clearer signs, I suppose.
 
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