EUR/USD Daily Video, September 28, 2012

[Sive Morten]

Good morning,
I guess, now we have starting of retracement that have expected. If you do not have any position yet - try to get it at 1.29. Minimum target is 1.3040 area:




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.

 

[Deborah Moon]

Thank you Sive, good analysis/have entered a bit late @ 1.2944 T/p 2.3040 Lets see how we gobro!
Deborah

 

[aicohn]

Nice analysis, Sive. I keep my own counsel to some extent & on that basis bought the 6E futures yesterday at 1.2926 (I think equivalent in forex is around 1.2916). Still, not quite your 1.29, but pretty close. I look to your analysis for some confirmation of what I'm doing. We'll see.