EUR/USD Daily Video, November 20, 2013

Sive Morten

Special Consultant to the FPA
Messages
18,673
Good morning,
as EUR is creeping and creeping higher we need some clear signs of weakness before taking any short position, even despite the fact that is now stands at solid resistance:





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.
 
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Your technical analysis is good and very carefull. Nice.
Yesterday i bet to buy EU at 1.3496 when it almost touch a bottom line from your H1 channel ... and i made a profit 60pips from that trade.
I know you're considering about economic data from euro zone that not give a reason to buy EU. IMO.
But your technical insight is an As card to bet euro will going up though just for a couple pips like i do.

Thank by the way.
 
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