EUR/USD Daily Video, September 13, 2012

Sive Morten

Special Consultant to the FPA
Messages
13,142
Good morning,

There is few that we could add to previous analysis. Market is closer to resistance range and some exhausting signs have appeared on intraday charts:




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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Deborah Moon

Private, 1st Class
Messages
39
Thank you for the analysis Sive - very helpful to have your daily charts and explanations, helps me get a clearer picture. I think the announcement of QE3 and Ben Bernanke sounding so uncertain regarding a possibile fiscal cliff event that we may see a global run from the USD during Europe /London session and maybe retracement next week.Will be interesting to see what happens and when. In the meantime I'm going to sit on the sidelines and wait for clearer signals- patience is a virtue ! :)
 
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