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Forex EUR/USD Daily Video, May 27, 2019

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, May 25, 2019.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,

    EUR shows upside reversal, based on as technical as fundamental background. Although we do not have clear horizon of this reversal, but we intend to follow it step by step, from one tactical target to another:



    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.
     
    Brett Reynolds, FreddyFX and stelore like this.
  2. DaveT

    DaveT Private, 1st Class

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    Agree it's going up next week
     
    Sive Morten likes this.
  3. FreddyFX

    FreddyFX Sergeant

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    I personally do NOT believe anything of the fundamentals have changed that much, so I stick to trading short.
     
  4. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi buddy,
    If you're right - downside reversal should happen soon. Emotional effects fades fast. But... bullish momentum. It is too strong right now. Thus, at least minor continuation has big chances to happen.
     

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