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EUR/USD Daily Video, September 07, 2012

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Sep 7, 2012.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    Although today we hardly will see any significant price action, market still could try to achieve some targets around 1.2660-1.2670 area by nice upward short-term momentum:






    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.
     
    #1 Sive Morten, Sep 7, 2012
    Lasted edited by : Aug 15, 2015
  2. Tony Cappas

    Tony Cappas Recruit

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    Sive, any thoughts on the Non Farm payrolls that is later on tonight? If it's a good figure will that mean that QE3 might be on hold?

    Tony
     
  3. Sive Morten

    Sive Morten Special Consultant to the FPA

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    If Payrolls will be nice, it will hold Fed from QE3 start. Although, as I've said in previous weekly research, I think that Fed will be on hold till the next year, even Payrolls will be relatively bad.
     

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