EUR/USD Daily Video, July 14, 2015

[Sive Morten]

Good morning,

Finally some clarity was given by recent compromise and this let's us to estimate next target:





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.

 

[erich]

target 1.12 and 1.13

hi Sive,
my strategy includes also the cypher pattern which has developed with the recent AB+CD and coming down to the 78.7% fib retr.;
the first target is 1.12 and the second 1.13;
the stop is at 1.0960, the low of the hammer in H4;
risk-reward with this is awesome;

human brain forgets headlines very fast and the oddest news are from yesterday!

thank you for your nice analyses but I don't think that eur/usd will come down immediatly;
greetings, Erich