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EUR/USD Daily Video, June 26, 2012

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Jun 26, 2012.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    yesterday's price action was a bit different from our expectations. Still, current price action is tricky and we see that bulls are still have chances to change overall short-term situation. Mostly it should be resolved tomorrow. Major conclusion is to wait till tomorrow - here are our warnings:





    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.
     
    #1 Sive Morten, Jun 26, 2012
    Lasted edited by : Aug 15, 2015
  2. amag80

    amag80 Private, 1st Class

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    Hi Sive,

    Great video and information. I have only just started following your analysis and see what i can learn from it and improve on my trading. Sive can you please tell me how do i use the MACD indicator that you use on your chart to know if it's bearish or bullish?

    Thanks in advance
     
  3. Dermolikesprofit

    Dermolikesprofit Sergeant

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    Thanks Sive, I think its a day to sit on my hands and wait for clearer picture to develop.
     

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