Brexit becomes a burden for the markets

Brexit becomes a burden for the markets

By: Oliver Miller | Where To Trade | On:Tuesday, 17 January 2017
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  Where to Trade- Theresa May expected to deliver hard blow. Uk's May set to lay out plans for "hard" Brexit.
Hammond counteracts Theresa May on Brexit. Hammond says UK will "do whatever we have to do" to remain competitive. 
JPY going long. CFTC commitment of traders: JPY shorts trimmed a bit as momentum fades. The JPY/USD pair closed at 114.20 in the previous trading session.

  The crude oil is expected a mixed trend today, with a trading range of 51.90 support and resistance of 56.00.

The AUD/USD pair is expected a bullish trend for today, with a trading range between 0.7400 support and 0.7595 resistance. The AUD/USD pair had a previous closing of 0.7478.  

  The EUR/USD pair is expected a bullish trend today, with a trading range of 1.0519 support and 1.0731 resistance. The EUR/USD pair closed at 1.0601 in the previous trading session.

 The USD/CAD pair is expected a bearish trend today, with a trading range of 1.3020 support and 1.3245 resistance. The USD/CAD pair closed at 1.3177 in the previous trading session.

Video Summary:

  • United Kingdom: Theresa May expected to deliver hard blow
  • Australia: The AUD/USD pair is expected a bullish trend for today
  • Japan:  JPY shorts trimmed a bit as momentum fades

 

Oliver Miller

Oliver Miller

"Patience is the key for success"

Oliver Miller is one of the best financial analyst with 18 years of online trading experience

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The crude oil expects a bullish trend today

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