Tuesday April 11, 2017 - 11:07:57 GMT
Share This Story
Global-View - www.global-view.com
Amazing Trader Ideas For 11 April 2017 Data Register for the Amazing Trader
Amazing Trader Trading Maps updated directly onto your charts
I don't believe the higher EURUSD is the result of the public discussion of Fed Chair Yellen at the University of Michigan. The discusion was the school of government, so her audience was not financial professionals or economists. She was not talking down to them, but she was not treating them as peers. She mostly was explaining how the Fed works and injecting in this explanation current examples. As a result she SOUNDED more dovish than I believe she is. I heard nothing from her that I believe most traders would say is new. Today saw the markets react to U.K. data and shrug off strong German items.
The EURUSD HOD has been 1.0621, while the LOD is 1.0578. That is a wider range than we had seen by this time yesterday. already resting stops above 1.0609 have been breached. The 1.0620 level has also been taken out. It was natural for stops to have accumulated on the topside from late last week, but I don't think they should be massive.
This is a "live" commentary updated all day on the GVI Forum. Refer to your continuously updated Amazing Trader charts for precise Support and Resistance levels as the session wears on. View trading strategies, test ideas, post comments, ask questions, etc. on the GVI Forum. For access contact: firstname.lastname@example.org.
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."