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30 August 2013 | Free Daily Analysis | EURUSD : PROFITS BANKED

G’day Surfers – No Pullback!

Yesterday’s Report


We didn’t have to wait long for our Swing & Relax target to be hit yesterday – always nice! The EURO sale continued with unusual Asian exuberance, leaving us waiting for a pullback towards an untested Daily Pivot – it didn’t happen. A painful day in fact as EUR/USD went into consolidation, where it still remains. The Swing & Relax winner completed yet another 100% week for us (never gets boring :) ) and very pleasingly, a Great Summer.

Technical Analysis


Pullback still required – or launch to resume Bullish Trend. Hope they wait till Tuesday.

The Day Ahead


With US Bank Holiday on Monday, it’s a Long Weekend. Whilst enjoying the break, I’ll be mindful of the UN Investigations into the Syrian horror unfolding. Let’s hope for some sanity and a peaceful outcome. When will we learn?? http://www.youtube.com/watch?v=1y2SIIeqy34

Have a great weekend.

Geoff Pyne  

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