Friday June 30, 2017 - 09:00:00 GMT
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Amazing Trader Ideas For 30 June 2017 Register To Test Your Amazing Trader
It appear the forex markets are settling down into a quasi-extended weekend for the U.S. ahead of a short session Monday and a Tuesday holiday. Data due from the U.S. today are typically not major market movers. Today is also the Quarter- and Month-end. Today the EURUSD HOD has been 1.1446, while the LOD has been 1.1395. look for stops at the daily extremes. The focus once should be on the 10-yr Note yield and equities . With the 2.20% old top of range not apparently in the rear-view mirror, my focus now is on a 2.25% to 2.30% range. Keep a close watch on your Amazing Trader charts for market direction.
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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