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4th June 2015 | Free Forex Analysis | EURUSD, increasing again?

 EURUSDH4(1)

 

EURUSDM30(1)

 

 

 

Dear surfer friends, Let’s take a look at the market.

How did it go yesterday?

EURUSD continues raising and it seems to rub off all those who are still talking about parity with the dollar. Yesterday, the price went up to a height of 1.1280 using the macro-pattern already mentioned. Unfortunately, we did not have operating signals.

Technical analysis

There is no doubt that EURUSD wants to give a blow to some market commentators. Today, we see the EURUSD above 1.1300 thanks to a new macropattern bullish really well defined. The DB has not yet been tested and the triad DMW is not giving us valuable information. Patience! the market is giving us already a clear perspective.

 

Plan of the day

Even though the price is in a clear position overbought, it is better if we wait the DP test before making any other movement.

Significant economic news

2:30 pm USD Unemployment Claims

 

SurfingThePips staff wishes you all a fruitful day.

Daniele Angellotti Certified Trader | SurfingThePips.com

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