EUR/USD Daily Video, November 21, 2017

Sive Morten

Special Consultant to the FPA
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18,679
Good morning,

EUR stands in political fever, so do not try to find logic in recent action. German president will speak today at 13:00 GMT. So, we should get new inputs after. Currently situation looks moderately bullish:



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.
 
Here guys action of October 2008 on weekly chart. Of course, I'm not sure, but something of that sort could happen:
eur_w_21_11_17.png
 
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