USD/CAD Daily Video, June 15, 2017

[Sive Morten]

Good morning,

Right we have more or less clear setup only on CAD, and it is short-term:



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.

 

[Major_Tom]

Well done Sive.... perfect short term scenario.
Now Brent is in a critical situation.....do you agree with?

 

[Sive Morten]

Well done Sive.... perfect short term scenario.
Now Brent is in a critical situation.....do you agree with?

You're reading my mind
I'm watching for a bit shorter term setup - 1.618 butterfly on hourly chart. It should be completed right at area that you show on the chart...