EUR/USD Daily Video, June 29, 2011

[Sive Morten]

Good morning,
market price action tells that move up should continue. The nearest target is Agreement at 1.4420 - 1.4440



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.

 

[onenikos]

Dear Sive, and All, I continue to admire you for both the quality of your analysis and your contribution to the community. As I have said I expect today the Greek Parliament to pass with a thin majority the austerity measures interim program (after 12:00 GMT) This I expect to create a knee-jerk reaction to the markets breaking the 1.4410 - 40 area. This should be treated with great caution as it might prove short lived, as the Greek problems will remain intact and the public pressure through protests, strikes (today second day of general strike) if they intensify might lead to earely elections in September.

 

[fufighter]

Thank you Sive! appriciated ur work