Euro FX Daily Video, August 25,2010

Sive Morten

Special Consultant to the FPA
Good day,
Although our yesterday's trading plan has been acheived, there is no really interesting today on the market. Today I offer you to be flat. Market hasn't even reached a weekly pivot at 1.2765 and stays below Fib. resistance 1.2715-1.2745. I expect that we can see a range till the end of the week 1.26-1.2740 area.
Personally, I will be looking for buy signals if market will break above 1.28 and oportunity to sell below 1.26 area.
here are some details:

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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Lee Barker

Sive... cheers. Learning every day and giving 10% away every month of my earnings. Hope thats good with you =)