Friday August 18, 2017 - 08:45:01 GMT
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Amazing Trader Ideas For 18 August 2017 Register To Test Your Amazing Trader
Worry about the viability of the Trump economic agenda persists early Friday. The tragic terrorist attack in Barcelona yesterday has pushed Trump's problems out of the headlines. Today's economic calendar is relatively light with only one medium impact U.S. release scheduled.
The EURUSD HOD so far has been 1.1758, while the LOD has been 1.1708. EURUSD has been losing its recent luster as demand appears to be waning. Liquidity is returning to the markets as the summer holiday period winds down. Keep an eye on the yield on the U.S. 10-yr Note (last 2.192%, =0.9.2bp). Follow 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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