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4th August 2015 | Free Forex Analysis | EURUSD, what will it decide?

 

 

 

EURUSDM30(4)

EURUSDH4(4)

 

 

Dear Surfers,

Let’s take a look at the market.

How did it go yesterday

Yesterday the price was pretty lazy, fluctuating between 1.0950 and 1.1000. Only one signal for us which  had good conditions but became a cost later on.

Technical analysis

Seems that today something is going to happen. This morning, we have sent two signals which we will discus tomorrow. The DP has already been tested. The configuration of the triad is bearish ,although W and M are very close together, almost overlapping, 

Plan of the day

We have a trend line support that could become a good area to assess any revenue. In the north we have no specific references. Attention to news of this afternoon.


Significant economic news

2:15pm    USD        ADP Non-Farm Employment Change
2:30pm    USD        Trade Balance
4:00pm    USD        ISM Non-Manufacturing PMI

 

Surfingthepips staff wishes you all a good day.

 

Daniele Angellotti Certified Trader | SurfingThePips.com

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