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23th June 2015 | Free Forex Analysis | EURUSD, up and down

 EURUSDH4(10)
EURUSDM30(14)

 

Dear Surfers, Let’s take a look at the market:

 

How did it go yesterday?
How nice is the EURUSD!!! Yesterday, regarding the news about the situation of Greece and the Eurogroup meeting, the price rose and fell by almost a hundred pips without producing significant effects. However, some traders probably lost of pennies in these  fictitious movements market.

 

Technical analysis

EURUSD is falling progressively and has tested a discrete trendline. We are around 1.1230 area and the DP has not been yet tested and, it will be difficult due to the strong distance. The triad DWM is in bullish configuration although at the moment the price is not taking into account.
 

Plan of the day

The trendline support is undoubtedly our object of desire: we will evaluate any opportunities. Watch out the news of 14-14.30.

 

Relevant economic news:

2:00pm USD FOMC Member Powell Speaks
2:30pm USD Core Durable Goods Orders m/m

 



Surfingthepips staff wishes you all a good day.

 

Daniele Angellotti Certified Trader | SurfingThePips.com

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