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

By | December 13, 2017

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, while WTI currently looks as though it has further downside momentum ahead of it.

In the crosses, the Aud$ appears set for further gains against Eur, Gbp and the Jpy, but looks likely to lose ground against the Kiwi – meaning that EurNzd, GbpNzd and NzdJpy are probably worth looking at for a possible stronger Kiwi in each case.

No trades today – Wait for the US CPI and FOMC and take another look tomorrow.