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15th May 2015 | Free Forex Analysis | EURUSD in compression

fridayyyyy

Dear surfers. Today is Friday!! Let’s take a quick look at the market.

How did it go yesterday?

The price  got stuck between 1.1350 and 1.1450 level showing a compression that will come in handy next week. Our signal S & R was canceled today because its friday and as we usually say, on Fridays  we do not trade.

Technical analysis

The price remains confined within the two trend lines that we have drawn which is great. Anything important to analyse today.

Plan of the day

Like every Friday we will just watch people trading. Remember that we don’t trade Fridays.

Significant economic news

Nothing special today for us.

SurfingThePips staff wishes you all a fantastic weekend.

 

Daniele Angellotti

Certified Trader | SurfingThePips.com

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