Wednesday May 17, 2017 - 09:28:21 GMT
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The latest Trump issue that hit the wires at 5PM again yesterday could be a major problem if it results in an obstruction of justice charge. Its a very long way from here to an impeachment. Not only would the event have to be corroborated but intent would have to be proved as well. Intent can be very hard to prove. The more important issue to consider is what a major investigation will do for his economic agenda.
The EURUSD HOD has been 1.1123, while the LOD is 1.1079. If equity markets get much more nervous, The USD COULD tumble. In forex trading conditions can change quickly, so continue to use your AT charts to monitor current support (red) and resistance (blue) levels. The technicals can change faster that the fundamentals. Changing colors on the Amazing Trader (AT) charts will tell you which way the current winds are blowing. Keep an eye on which color lines are being drawn or erased as a leading momentum indicator.
Our current analytical observations are updated over the day on the GVI Forum. Refer to your continuously updated Amazing Trader charts for precise Support and Resistance levels as the session wears on. For access to the GVI Trag Forum contact: [email protected]
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