Where is the Euro going? The LMAX Exchange Chart Talk for Thursday, April 27, 2017

Where is the Euro going? The LMAX Exchange Chart Talk for Thursday, April 27, 2017

In the euro’s latest breakout to fresh 2017 highs, if the market continues above 1.09 its next measured move targets 1.1230 or 1.14. The market is well supported at 1.0570. The pound/dollar has seen a breakout above 1.2775, December’s peak following the low of 1.1840 last October. This sees a potential move upwards to 1.35. Dollar/yen has been trading in a downtrend within the last few days. But if price is contained below 112.20 sees potential downside.

Click here to find out all the other market analysis.

IronFX Daily Commentary by Charalambos Pissouros | 26/04/2017

IronFX Daily Commentary by Charalambos Pissouros | 26/04/2017

US President Trump to unveil an outline of his tax plan. Trump pledged massive tax cuts for corporations & individuals, and a one-time repatriation of corporate cash held abroad at a reduced rate.

If we get something along those lines today, it could prove positive for USD & US equities. However, our view is that there is more scope for disappointment.

CM Trading’s Daily Forex Market Review 18 April 2017

CM Trading’s Daily Forex Market Review 18 April 2017

In todays’ Daily Forex Review, we discuss the unfolding economic events of the day including the New Building Permits coming out of the United States.
Further technical analysis of the Dow Jones,

Johannesburg Stock Exchange (JSE), Gold, Oil, Australian Dollar (AUD/USD), Great Britain Pound (GBP/USD) is discussed in the presentation.

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