19 July: Trend table outlook for FX, Commodities, Indices

It was all fairly straight forward today until Donald Trump’s intervention which rather confused the issue. Stocks broke their 5 day winning streak and headed lower and in the short term, they may have further to go although the longer term charts still hints at buying dips. As I said yesterday, I suspect that we may have seen… Read More »

19 July: Tomi-trader update. FX Charts Macro EA sitting near equity highs.

Tomi Trader – MT4 Expert Advisor. When the medium/long term bias for a currency pair, commodity or stock index is either bullish or bearish, as can be ascertained from the daily trend table (i.e. http://fxcharts.net/category/trendtables/) an EA can be attached with that particular bias in mind. As and when our bias changes, we can either close the EA… Read More »

19 July: Trend table outlook for FX, Commodities, Indices

Stocks had another positive session and in the medium term look set for further gains although the short term charts are hinting at the chance of a dip, providing a better level to get long. I suspect that we may have seen a near term low in Gold and Silver and we could be looking at slightly higher… Read More »

18 July: Trend table outlook for FX, Commodities, Indices

After a soft start, the US$ is generally a stronger today and it seems that this could continue again today, with US$Jpy looking positive on all time frames although strong resistance lies ahead at 113.20 (200 WMA). Politics looks set to weigh on Cable although we need to see a weekly close below 1.3050 (100 WMA) to then… Read More »

17 July: Trend table outlook for FX, Commodities, Indices

The US$ is generally a little softer today and it seems that this could continue again today although I would not be looking for too much either way, at least until the Fed Chairman’s Testimony to the House Senate panel in the US session. As before, in the medium term I still expect the US$ to resume its… Read More »