Market Brief / 20-12-2017
Honoring Me With Your Up Vote...
Republicans pass sweeping tax bill in 227-203 vote. US dollar retreated slightly, this is only temporary and will resume its bullish tone very quickly.
EUR/USD rebound slightly, but still within the bearish trend. The trading volume is lower due the Christmas and New Year Holidays ahead. Many have already taken off and had closed their books for the year 2017.
On the data slate there’s German PPI; UK CBI Reported Sales; US Mortgage Applications; UK Carney Speaks at parliament Hearing in London; US Existing Home Sales and US Crude Oil Inventories.
SELL EUR/USD @ 1.1850 OR BETTER – STOP @ 1.1885 – TARGET @ 1.1710
SELL GBP/USD @ 1.3410 OR BETTER – STOP @ 1.3450 – TARGET @ 1.3275
BUY USD/JPY @ 112.70 OR BETTER – STOP @ 112.20 – TARGET @ 113.30
SELL CL0218 @ 57.80 OR BETTER – STOP @ 58.20 – TARGET @ 56.80
SELL AUD/USD @ 0.7655 OR BETTER – STOP @ 0.7710 – TARGET @ 0.7580
SELL XAU @ 1265 OR BETTER – STOP @ 1272 – TARGET @ 1250
SELL XAG @ 16.15 OR BETTER – STOP @ 16.60 – TARGET @ 15.30
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Excellent business data report. Thanks for sharing information @lordoftruth.
what a post.....full of information
Its very useful for us .Thanks for your market brief.
that is damn true and it's helpful..
Thank you for posting @lordoftruth
Your update news help us more to know everything...:)
we will keep you updated!
for now, please give us a little feedback, what was bad, what was good and give us some ideas.
lets hope for a bullish trend soon :)