Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightDollar Recovered as Markets Firmed Up June Fed Hike Expectations, FOMC Minutes and BoC Awaited US markets closed mildly higher overnight as investors were relieved that US President Donald Trump's first budget plan contained no surprise. DJIA closed up 43.08 pts, or 0.21% at 20937.91. S&P 5... Trade Ideas** Subscribe to our Trade Idea Alerts Here ** Trade Idea: EUR/GBP - Buy at 0.8575 Euro's anticipated rally adds credence to our bullish view that the rise from 0.8312 low is still in progress and bullishness remains for this move to extend further gain to 0.8675-80 and then to... Trade Idea Wrap-up: USD/CHF - Hold long entered at 0.9700 Although dollar has remained under pressure and marginal weakness from here cannot be ruled out, as long as yesterday's low at 0.9692 holds, prospect of another rebound remains, above 0.9765-70 w... Technical OutlookUSD/CHF Daily Outlook A temporary low is in place at 0.9691 in USD/CHF and intraday bias is turned neutral first. Some consolidations would be seen but upside of recovery is expected to be limited by 0.9858 support turned ... Options & OrdersUS session: options and orders watch EUR: Euro has eased from 1.1268, offers are still noted at 1.1275-80, 1.1300 and 1.1320, sell orders are reported at 1.1350, 1.1380 and 1.1400. On the downside, bids are seen at 1.1200-10 and 1.118... ContributorsCommodities Diverge In Asian Trading EUR/GBP's Sharp Ascent Stalls At Major Resistance Zone USD/CAD Still Pressured Ahead Of Bank Of Canada, FOMC Minutes, OPEC USD/CAD Canadian Dollar Lower After USD Rebound Ahead Of BoC Economic Data
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