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6th July 2015 | Free Forex Analysis | EURUSD, new GAP

EURUSDH4(3)

 

 

EURUSDM30(1)

 

 

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

How did it go yesterday?

Friday,  the price was held around 1.1100 area without showing a clear plan. These are special days but let’s follow the money without being caught by surprise.

Technical analysis

This week EURUSD opened in a GAP: we are surprised by the referendum in  Greece which has been the principal driving force for the Price’s overhang. Earlier this week the triad DWM was placed in bearish configuration while the DP has already been tested.

Plan of the day

There are no expected news in addition to the news of 4 pm. However, we must be careful  to the  scenario of Greece which is making markets nervous.The GAP has already been closed: we will look into the upper trendline because the price could have further declines.

 

 Relevant Economic news:

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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