EUR/USD Daily Video, May 26, 2015

[Sive Morten]

Good morning,

So, as market has passed through daily Confluence area, the last bulls' fortress is 1.0750-1.0850 area:





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.

 

[shayan]

we will keep the bearish trend scenario in the upcoming sessions, the main waited targets begin at 1.0800 and extend to 1.0645, pointing that holding below 1.1050 represents main condition for achieving the suggested targets.

Expected trading range for today is between 1.0800 support and 1.1050 resistance.