Wednesday August 30, 2017 - 08:59:53 GMT
Global-View - www.global-view.com
Share This Story:

|

|
Email
Amazing Trader Ideas For 30 August 2017
Register To Test Your Amazing Trader

As bad as a political situation might appear, they never have the staying power of other factors such as relative growth trends. So suddenly North Korea is out of the headlines as fast as it appeared. That is because usually there is not the follow up news as is the case with economics, which changes only gradually. With the focus on North Korea fading. Flight-to-safety demand for EUR and government bonds has abated. On the other hand, the longer term flow of funds out of the USD is likely to persist.
The EURUSD HOD so far has been 1.1985, while the LOD has been 1.1938. Expect the major focus to be on the 1.2000 line as a POTENTIAL future support level. Resting stops (options?) above 1.20 were already triggered early yesterday. The yield on the U.S. 10-yr Note (last 2.138%, +0.3bp) has recovered to back above 2.10%. Use it as your early warning sentiment barometer. 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.
Forex Trading News
Forex Research
Daily Forex Market News
Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
here.
Forex News
Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."