Thursday October 5, 2017 - 08:49:49 GMT
Share This Story
Global-View - www.global-view.com
Amazing Trader Ideas For 5 October 2017 Register To Test Your Amazing Trader
The EURUSD HOD so far has been 1.1795, while the LOD has been 1.1747. The focus of trade over the past two days has been on capital flows, which seem to have been two-way. The Catalan vote, which appears to have been overwhelming in favor of independance is overhanging the EUR. The outcome of the vote cannot be ignored by Madrid. Some sort of negotiations will have to take place, which will have broader implications for European unity as a whole, especially after the U.K. Brexit.
Dealers are now setting themselves up for the September U.S. employment data on Friday. The jobs data are expected to have been adversely impacted by the two major U.S. hurricanes Irma in the month. It should take a while for storm effects to work their way through the data. The yield on the benckmark 10-yr note was last 2.330%, -0.2 bp.
Forex trading conditions can change quickly, so use your AT charts to monitor current support (red) and resistance (blue) levels. The technicals often 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
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
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."