31 Oct: Trend table outlook for FX, Commodities, Indices

The FOMC result has done little provide any real directional bias in any of the asset classes and a lot of blue remain on the heat map, suggesting further indecision. Interestingly, the DXY (US$ Index) does look heavy on all time zones and this may see the dollar stay under some downside pressure.  If so, the Euro and… Read More »

30 Oct: Trend table outlook for FX, Commodities, Indices

There is a lot of blue on the table today as traders stand aside while waiting on the FOMC outcome due late in the session. The FX markets look pretty much on hold, with the exception of the Aud$, which appears to be building some constructive momentum against both the US$ and also on the crosses. Further directional… Read More »

29 Oct: Trend table outlook for FX, Commodities, Indices

The positive outlook towards some type of trade agreement between the US/China has put safe-haven assets on the back foot, with the Jpy, Chf  and the metals under some downside pressure, while stocks look increasingly positive. Otherwise, everything looks to be on hold while awaiting the outcome of Wednesday’s FOMC Meeting. The action there is not really so… Read More »

28 Oct: Trend table outlook for FX, Commodities, Indices

The US$ looks mostly firmer on the charts heading into the new week and appears set to make headway against the EU majors and the commodity currencies although the Jpy still seems fairly rangebound. The Dollar Index (DXY) does look as though it may be basing out on the daily charts, so selling EurUsd is the preferred trade.… Read More »