Amazing Trader Early EURUSD Ideas for 8 March 2017

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Wednesday March 8, 2017 - 10:51:33 GMT
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Amazing Trader Early EURUSD Ideas for 8 March 2017
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Amazing Trader EURUSD roadmap system charts updated

The EURUSD HOD has been 1.0575 and its LOD 1.0547. The EURUSD has been trading heavy this week. The biggest drag on it has been rising U.S. bond yields. At their core, forex markets are driven by interest rates. Forex is simply money and interests rates are the "cost" of money. Rising bond yields stem from the promise of higher interest rates to come over the year from the Fed.

We had a mini-run at upside stops in EURUSD at the 1.0680 are yesterday. That suggests that upside stops within any reasonable range are minimal. Neutrality is at 1.0550. Below there, support (stops) come in at 1.0536-40, then there is not a lot until1.0510. U.S. ADP private jobs are the major data are due at 13:15 GMT.

Tune in frequently to the GVI Forum for updated trading insights as the session unfolds.

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AA: Major, A: High, B: Medium

Mon 10 Sep 2018
AA 08:30 GB- GDP, Trade, Output
Tue 11 Sep 2018
AA 08:30 GB- Employment Decision
A 09:00 DE- ZEW Survey
Wed 12 Sep 2018
A 12:30 US- PPI
A 14:30 US- EIA Crude
A 18:00 US- Beige Book
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A 1:30 AU- Employment
AA 11:00 GB- Bank of England Decision
AA 11:45 EZ- European Central Bank Decision
A 12:30 US- Weekly Jobless
AA 12:30 US- CPI
Fri 14 Sep 2018
A 08:30 GB- GDP
AA 12:30 US- Retail Sales
A 13:15 US- Industrial Production
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Wednesday March 8, 2017 - 10:51:33 GMT Global-View - www.global-view.com