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EUR/USD Daily Video, November 15, 2011

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Nov 15, 2011.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    market is showing growth of bearish momentum. Very probable that downward move will continue in medium term. Still, in short term there is some probability of retracement exists:






    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, Nov 15, 2011
    Lasted edited by : Aug 15, 2015
  2. onenikos

    onenikos Corporal

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    Dear Sive and All,
    Monday through Wednesday is the discussion of the Greek parliament on the voting of the program of the new government. Although it is a coalition and vote is expected negative there is a problem in that the EU has demanded unconditionally that the two party leaders of the new Government sign along with the new PM a statement with their unconditional obligation to honor the so called "loan agreement". The opposition leader Samaras has refused to sign this stating that his word and participation in the Government should be enough. Therefore be alert on news on this issue.
     
  3. onenikos

    onenikos Corporal

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    Correction on the above, pls read "vote is expected positive"
     

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