EUR/USD Daily Video, November 25, 2013

Sive Morten

Special Consultant to the FPA
Messages
18,673
Good morning,
As market has passed through all major resistances on 4-hour chart, we can't treat it as retracement any more. Thus, as upward action could develop even further, let's discuss how we can join this move up:





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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After last 2 weeks with somewhat indecision with euro now it looks like much more straigtforward set-up!? Looking across at other majors could also offer further ammunitiion to the B&B Buy? Cable is also looking very Bullish. I did not make anything on euro over last 2 weeks and lost some..But did make up for this on trades with other currencies which seemed to be contrary trades. Ie Kiwi/Ozzi$. This is not normally something i do but sometimes the euro does like to 'play tricks' like the Gold Market. I am thinking that this coming week the euro will finally 'show it's hand'..!? As always..Spasiba..:)
 
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