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19 September 2014 | Free Forex Analysis | EURUSD : 1.2800 ON HOLD

G’day Surfers, little pullback.
Yesterday’s Report

The week concluded for us yesterday with a very slow but purposeful Daily Pivot test, plus a little interest. In fact PA managed to make it’s way back to 1.2930, re-testing the broken Weekly Support Trendline. No entry opportunities presented so we were happy to place the cue in the rack in the knowledge that our week was positive. It’s been a different kind of a week really with the Fed talking up the US Economy without raising Interest rates and not long ago, we learned that Scotland has voted to remain in the UK. There’s always something to move the market!

Technical Analysis

No interest today – it’s the weekend – Happy Friyeah!

The Day Ahead

Very busy weekend coming up so preparing for that. I will be sparing a thought for the poor victims of a very worrying incarnation of barbarism branding themselves ISIL. May these hideous creatures be brought under control very quickly and the rest of the world can concentrate on loving each other! Imagine that:

Have a great weekend.

Geoff Pyne  


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