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It has been a quiet start to a busy week in the foreign exchange market with volatility focused on what we’ll dub as wild Wednesday. The day kicks off with the UK’s labor report followed by Janet Yellen’s semiannual testimony to Congress and the Bank of Canada’s monetary policy announcement. Later that day the Fed releases its Beige Book report and in the evening (NY Time), China shares its June trade numbers. With that in mind, trading tomorrow will be dominated by pre-positioning for these big…
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You can use these suggestions to aid your trading for the next 24 hours. THEREIS STRENGHT IN THE USD
US Dollar Index (DX) Futures Technical Analysis – May 11, 2017 Forecast
June U.S. Dollar Index futures are trading lower and in a tight range. The market is trading inside yesterday’s range which suggests investor indecision and impending volatility. Traders may be waiting for today’s economic data which includes the producer inflation reports and weekly unemployment claims. On Friday, traders will get the opportunity to react to the latest data on retail sales and consumer inflation.Daily June U.S. Dollar IndexTechnical AnalysisThe main trend is up according to the…
Where will the uj eu be Sunday night IDEAS
SENTIMENT TOP 10 TRADERS UJ
LOTS TO THINK ABOUT FINAL TRADING HOUR FRIDAY E IDX skyrockets CME
CLOSING CHART FRIDAY 4:55 ON UJ
CONCLUSION MARKET EXPECTS LePen defeat tremendous volume at 112.70 / 80 NFP drive up over.
I SUSPECT 113 + TO START to DOWN. MARKET EXUBERANCE WOULD BE the ONLY DRIVER ABOVE AND SHOULD BE SHORT LIVED