Monday July 3, 2017 - 10:22:57 GMT
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Amazing Trader Ideas For 3 July 2017 Register To Test Your Amazing Trader
Trading in north America should be subdued with Canada closed for a holiday and U.S. trading rooms on skeletal staffing ahead of the Independence Day holiday Tuesday. Today the EURUSD HOD has been 1.1427, while the LOD has been 1.1371. look for stops at the daily extremes. The focus once should be on the 10-yr Note yield and equities. The 10-yr yield is pivoting the 2.30% line at the moment. At some point it will establish the top of its current range and that level should not be too distant from here. 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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