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Your Morning Market Podcast 6th July 2017

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Dollar unmoved on release of FOMC meeting minutes.  S&P 500 tracking sideways and dollar rally slowing.

 

 

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Dollar Yen - currently above top of channel, a sustained move could see a rally toward 115.00 

 

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S&P 500 - ticking along sideways, price remains well supported above 2400 and a positive political move should see the index rally to new high of 2480 

 

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Aussie dollar reaching bottom of channel, critical status - whereby we would wait for a bounce off of the bottom to go long through to the white horizontal line of long-term resistance just above 0.77 

 

 

 

 

 

 

 

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Martin Harris | Trading Specialist at GT247.com


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