27th March 2017 - LMAX Group Opinions

Euro Clears Major Resistance Level

The Euro took off on Monday, finally breaking critical resistance in the form of the December 2016 peak at 1.0875. This could set the stage for a more significant push in the days ahead. Technically, the bullish breaks has triggered an inverse H&S …

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 111.33 | EURUSD 1.0799 | AUDUSD 0.7624 | NZDUSD 0.70286 | USDCAD 1.3379 | USDCHF 0.99146 | GBPUSD 1.2474 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.08507 | 1.08302 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 110.986 | 110.257 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.25344 | 1.2492 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.76369 | 0.76152 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.98931 | 0.9876 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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US Dollar, Stocks Losing Confidence in Trump

The market has been reacting to President Trump’s failure to get his healthcare bill passed, which many believe will delay the implementation of US Dollar supportive, stock market supportive tax cut and fiscal spending policies. And so, we’ve seen a lo…

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