Wednesday March 29, 2017 - 09:01:11 GMT
Share This Story
Global-View - www.global-view.com
Amazing Trader EURUSD Ideas for 29 March 2017 Register for the Amazing Trader
Today, odds are that "Brexit Day" should pass without much disruption to the markets. In fact Article 5o was already signed yeasterday and only marked the start of negatiations. Nothing of consequence otherwise will happen today. Any impact will only be psychological. As for the USD, it seems to me that the markets are going to have to figure out where the Trump Administration is headed now with the Republican party having split into two factions with one faction unlikely to cooperate on the massive stimulus program most have been expecting.
The EURUSD HOD has been 1.0827 and the LOD 1.0777. As I have been saying, the 1.0800 line is key to the psychology of this pair. USDJPY and the EURGBP are key as well.
On your 5min Amazing Trader chart, note the EURUSD downtrend line starting at the 1.0827 HOD. This line will set the tone as long as it holds. Look for key support and resistance levels from your charts as they are update.
Tune in frequently to the GVI Forum for updated trading insights as the session unfolds.
Forex Trading News
Daily Forex Market News
Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."