Tuesday May 9, 2017 - 08:44:45 GMT
Share This Story
Global-View - www.global-view.com
Amazing Trader Ideas For 9 May 2017 Register for the Amazing Trader
Markets generally are in a risk on posture at the moment. I am using as my barometer rising, bond yields (U.S. 10-yr note at 2.392% +1.2bp). It can be hard to short the USD in the current environment when interest rates are rising. This scenario could change should equities start to fall. So keep an eye on both stocks and bonds. The EURUSD WANTS to rally now that the political pressure on the EU is easing, but the EURUSD will have to battle sentiment about the U.S. economy.
The EURUSD HOD has been 1.0934, while the LOD is 1.0939. Our trading focus is both on the 1.0900 and 1.1000 lines. Use your AT charts for current support (red) and resistance (blue) levels. Changing colors on the Amazing Trader (AT) charts will tell you which way the winds are blowing.
Watch live to see the color lines that are being drawn or erased. Current Market observations are updated 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: [email protected]
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."