GT247.com Trading Blog

Your Morning Market Podcast 6th July 2017

Written by GT247 Trading Desk | 06 Jul 2017

 

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

 

 

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

 

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 

 

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 

 

 

 

 

 

 

 

Martin Harris | Trading Specialist at GT247.com

Follow @Martin_XVI

Wishing you a profitable day of trading.

 
 
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