Thursday June 22, 2017 - 09:22:06 GMT
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Forex Trading Ideas For 22 June 2017 Register To Test Your Amazing Trader
Equity markets are a slight bit weaker early on Thursday and that has seen Yields on fixed income markets ease very modestly. A main focus remains the yield on the U.S. 10-yr note. It has been trading in a now neutral 2.15% to 2.20%. Below 2.15% is now USD negative and above 2.20% positive. Let your Amazing Trader charts drive your trading strategy.
Today the EURUSD HOD has been 1.1179, while the LOD has been 1.1154. Once again, this is an unsustanably narrow range. With the week thin in terms of event risk, keep a close watch on the technicals and your Amazing Trader charts.
Forex trading conditions can change quickly, so use your AT charts to monitor current support (red) and resistance (blue) levels. The technicals frequently change ahead of the fundamentals. Changing colors and/or disappearing or new lines on the Amazing Trader (AT) charts will tell you which way the winds are blowing. Keep an eye on which color lines are being drawn or erased as your leading momentum indicator.
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