EUR/USD Daily Video, November 26, 2013

[Sive Morten]

Good morning,
short-term setups holds bullish on EUR, so let's proceed with it:





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]

I am thinking this is retrace of up to 1.36.50 which would be 50% of October Pin Bar. Also confluent with approx 'half way' point inside 'Bearish Wedge' on monthly. If we get PA at this area then we could get major turn to downside which would tie in nicely and be confluent with longer term outlooks especially on Kiwi & Ozzi!? As for Cable...i am not too sure..it could just consolidate depending on strenght of US Data over next week or 2. UK economic forecasts are very positive of late..!?