EUR/USD Daily Video, September 05, 2018

[Sive Morten]

Good morning,

Today market keeps chance to form bullish grabber, which could change short-term perspective for EUR:



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]

Well 1.15 would be logical target to go long...but with NFP coming this week and other News..it's gonna be very tricky to go against this downtrend even if we get Grabber today.?

 

[Sive Morten]

Well 1.15 would be logical target to go long...but with NFP coming this week and other News..it's gonna be very tricky to go against this downtrend even if we get Grabber today.?

We'll see. It mostly will depend on EUR response to major support. Collapse through major levels should chill us out ))