15 Dec: Trend table outlook for FX, Commodities, Indices.

The currency markets look mixed on Friday and some choppy trade may be in store today although the Yen looks very sensitive to stock market moves and another sell off there could create further Yen strength. Stocks themselves do look as though they may want to head al little lower within the overall uptrend. The Aud looks pretty… Read More »

15 Dec: Forecast: FX: US$/Majors + trade ideas

  EURUSD: 1.1792 €/Usd has traded a choppy range of 1.1860/1.1770 on Thursday,  after the ECB left rates on hold, with Draghi’s upbeat Press Conference sending the Euro briefly to its highs before the dollar strengthened after the strong RS/jobs data, closing at familiar territory, just under 1.1800. 1 hour/4 hour indicators: Turning higher Daily Indicators: Turning lower… Read More »

14 Dec: Forecast: FX: US$/Majors + trade ideas

  EURUSD: 1.1825 €/Usd has traded a 1.1728/1.1830 range on Wednesday, sitting at the highs at the time of writing, with the dollar generally under pressure following the FOMC Meeting. We now await the ECB, BOE, SNB as well as the PMIs, US Retail Sales. 1 hour/4 hour indicators: Turning higher Daily Indicators: Turning lower Weekly Indicators:  Neutral… Read More »

14 Dec: Trend table outlook for FX, Commodities, Indices.

The US$ is under pressure following the Fed rate hike and it would seem that this will continue to be the case over the next 24 hours although with 3 CB meetings and both the China/US Retail Sales also lying ahead it could be a volatile session. Stocks still look good for further gains while WTI looks heavy.… Read More »

13 Dec: Trend table outlook for FX, Commodities, Indices.

The Euro and Sterling are beginning to look increasingly heavy against the US$, although the Yen, Chf and the commodity bloc currencies look rather mixed and ahead of the FOMC I would be square on all counts.. Stocks appear to be a one way street higher, although without me on board as we reach ever thinner oxygen levels,… Read More »

13 Dec: Forecast: Stocks/ Commodities.

  S&P: 2668 The S&P is trading at new all-time highs on Wednesday, and with the momentum indicators now generally aligned to the topside, a continuation towards 2700 may be on the cards. 1 hour/4 hour indicators: Up Daily Indicators: Turning higher Weekly Indicators:  Up Preferred Strategy:  Despite the increasing risks of staying long, the long term uptrend… Read More »

13 Dec: Forecast: FX: US$/Majors + trade ideas

  EURUSD: 1.1746 €/Usd has traded a mostly heavy session after the softer ZEW,/stronger US PPI undermined the Euro although the dollar then gave back some of its gains after headlines came through that Senator Rand Paul feels unable to vote for raising the US budget deficit. We now await the upcoming US CPI and the FOMC/ ECB… Read More »