EUR/USD Daily Video, March 06, 2018

[Sive Morten]

Good morning,

EUR perfectly has completed retracement to 1.2360 yesterday and gave us opportunity to take position. In few hours we expect reaching of 1.24 target. So, if you've missed entry yesterday, you could get another chance to buy a deep:



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.

 

[Joh]

Of course you have read that the USA has given exemptions re tariffs to Canada and Mexico according to news on FF. That may change details re USD/CAD?And whilst our PM was in the USA recently Trump said/promised Aus would be exempt it appears he has flip flopped again.

 

[Sive Morten]

Of course you have read that the USA has given exemptions re tariffs to Canada and Mexico according to news on FF. That may change details re USD/CAD?And whilst our PM was in the USA recently Trump said/promised Aus would be exempt it appears he has flip flopped again.

Yes, as major XOP has not been hit and markets have turned to active motion against USD - our Buy trade on CAD comes on table again