EUR/USD Daily Video, May 27, 2014

[Sive Morten]

Good morning,
EUR is forming nice setup and it could carry some unexpected turnings, but still it is promising and has not bad potential:




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.

 

[Kleinerbroker]

This post possibly too premature but it appears to me now , that just like last week and the week before , the EURUSD does not allow for much retracement but continues topush south . Also GPBUSD started moving south again. I got surprised by the retracement which happend during this EU-night .... straight into the zones which were addressed by Sive yesterday morning . Really amazing . KB

 

[Brett Reynolds]

Yes..I did like it Sive..except for the very end..when you 'rambled on a bit'!? ;-). Ps. And don't forget to mention the holiday in UK yesterday too..afterall 2/3 of the worlds currency market goes through London...( as does 2/3 of the worlds Vladiva)..;-)..so is it not surprising that there was 'No Action'..yesterday!?

 

[Kleinerbroker]

..............Ps. And don't forget to mention the holiday in UK yesterday too..afterall 2/3 of the worlds currency market goes through London...( as does 2/3 of the worlds Vladiva)..;-)..so is it not surprising that there was 'No Action'..yesterday!?

He did not, mentioned last week already "There is a U.K. bank holiday on Monday while U.S. financial markets will be closed for Memorial Day." BR KB