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

By | December 20, 2017

Ahead of the US Senate passing the tax bill, due later in the coming session, it all looks rather mixed and a neutral stance is required.

The clearest signs appear to be in the US stock indices, where further profit taking, within the greater uptrend, would not surprise. In the currency markets, the Euro looks healthy and, in particular, seems to be building a reverse HS formation. A break of 0.8860, could see a quick run to 0.8940, possibly higher.