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Wednesday, 19 July 2017

Trading plan for 19/07/2017


Trading plan for 19/07/2017: 
It was a calm night on financial markets. EUR/USD is testing the support at 1.1550, GBP/USD is trading around 1.3030 support. The strongest currency is still the Australian Dollar, which is supported not only by the optimistic views of monetary authorities on the economy but also by a rapid rally of iron ore prices. On Wall Street, another flat session came to an end, so the Asian stocks are not moving to new highs either. Only Hang Seng index goes up almost 1.0% today. 
On Wednesday 19th of July, the event calendar is very light in important economic releases, only during the US session market participants will get familiar with Building Permits and Housing Starts data from the US and Manufacturing sales data from Canada.

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