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17th June 2015 | Free Forex Analysis | EURUSD,quick profit

 

EURUSDM30(11)

 

EURUSDH4(7)

 

Dear Surfers, welcome to our daily analysis, lets take a look at the market.

How did it go yesterday?

Yesterday the price continued to move within the range that we have identified. In recent days, we can not claim to have found a determined  EURUSD. However, yesterday we came with a nice SHORT position thanks to an effective secret micropattern which gave us a quick  TP2 .

Technical analysis

Even today the price persists in its static momentum. It is slowly moving below 1.1300 area without even showing us interesting signals. The scenario still shows us both the trendline resistance and support, however we do not dismiss some operations.  The DP has already been tested while the DWM triad remains in its bullish configuration.

Plan of the day

Today, we have a slight preference for LONG positions but as yesterday we will appreciate trade opportunities for SHORT positions as well. . Tonight’s scheduled the FOMC, after that the markets may be volatile and nervous even before the event.
Relevant economic news:

8:00pm USD FOMC Economic Projections
USD FOMC Statement
USD Federal Funds Rate
8:30pm USD FOMC Press Conference

Surfingthepips staff wishes you all a good day.

 

Daniele Angellotti Certified Trader | SurfingThePips.com

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