EUR/USD Daily Video, November 04, 2013

[Sive Morten]

Good morning,
EUR looks interesting on big picture, but on daily and intraday time frames all that we can do by far is to wait for patterns...






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]

Interesting and similar set-ups now on both Eur and Kiwi. Monthly Shooting Stars from Key levels! It's looking like retracement to at least 50% levels on both these Pin Bars which would then coincide with your analysis for possible larger downward continuation on Kiwi for sure! BUT..as you mentioned possibility of weekly Stop-Grabber on euro...could we get that final 'Leg-up'..and does this mean that the Kiwi would also continue higher clearing out last month high's.!!?