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EUR/USD Daily Video, May 02, 2011

Discussion in 'Sive Morten- Currencies, Gold, Bitcoin Daily Video' started by Sive Morten, May 1, 2011.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    Current video has a bit larger volume than usuall, due to sophisticated situation, that I had have to explain and to some nuances in analysis.

    In general, it could happen so, that until market will not hit 1.5200 area - it will show only shallow retracements to correct level of overbought on daily time frame and continue to creep and creep higher.
    It leads to specific way of trading - where we should take nearest targets and do not marry any possitions.
    Here is what we could see on Monday:




    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, May 1, 2011
    Lasted edited by : Aug 15, 2015
  2. rex68

    rex68 Recruit

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    hello sive, how would the killing of osama affect the USD currency? =D
     

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