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8th May 2015 | Free Forex Analysis | EURUSD is a mess today, but not for us

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Dear Surfer Friends, Today is Friday: what is going on in the market?
How did it go yesterday?
The technical analysis is sometimes surprising: as you may have noticed the price has undergone an acceleration upwards but was later rejected by the area of resistance 1.1400. Our signal S & R still closed in profit cashing the TP1.
Technical Analysis
Today the price is held under 1.1400 but it’s Friday and, as we said, we do not trade on Fridays. In fact, today is going to be a mess due to the macroeconomic news. Many traders will be losing money while we will look at them from the outside.
Plan of the day
Our trading operations were finished yesterday.

 

Relevant economic news

All Day EUR French Bank Holiday
(past) 2:30pm USD Non-Farm Employment Change
USD Unemployment Rate

SurfingThePips’s staff wishes you all a good weekend!

 

Daniele Angellotti

Certified Trader | SurfingThePips.com

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