EUR/USD Daily Video, September 07, 2012

Sive Morten

Special Consultant to the FPA
Messages
18,564
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.
 
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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
 
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

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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