Amazing Trader EURUSD Ideas for 23 March 2017

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Thursday March 23, 2017 - 10:01:11 GMT
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Amazing Trader EURUSD Ideas for 23 March 2017
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Markets were interrupted yesterday by the London terrorist event, but are back to normal today. Strong U.K. February Retail Sales data have given the GBPUSD a lift and have weighed on the EURGBP. Event Risk later today will be what happens to the U.S. House vote, if it takes place or not, on healthcare.

The EURUSD HOD has been 1.0805 and the LOD 1.0769. The 1.0800 pivotal level has been difficult to establish as support. The 1.0825 line remains key resistance. Next resistance comes in at 1.0829. Support at the 1.0775 level has been breached. The LOD is 1.0770. Below, 1.0751 (1.0750 neutrality) comes next. Continue to let above or below 1.0800 to set the tone. Also flows in and out of the EUR crosses (EURJPY and EURGBP can be decisive. Another key focus will be the performance of the equity and Fixed Income markets. Flight-to-Safety trades appear to be waning.

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

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Fri 18 Jan 2019
A 13:30 CA- CPI
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AA 15:00 US- Prelim University Of Mich Survey

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Wed 30 Jan 2019
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Thursday March 23, 2017 - 10:01:11 GMT Global-View - www.global-view.com