GT247.com Trading Blog

Your Morning Market Podcast 29 June 2017

Written by GT247 Trading Desk | 29 Jun 2017

"USD/JPY & Brent Crude" in this Market Report

 

USD/JPY:

Yen seems to have taken a break from the weakening trend that we have seen over the past 2 weeks. Hasn’t given a clear reversal signal on the daily chart, shorter term charts might give a better signal.

 

Brent Crude:

Managed to bounce off $44.43 which is its most recent lowest close. Has clearly broken the downtrend, waiting for a minor retracement before buying.

 

 

Musa Makoni | Trading Specialist at GT247.com

Follow @Makoni_Henry

Wishing you a profitable day of trading.