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

By | December 21, 2017

With conditions becoming very thin I would really avoid the market but for those who want to be involved, the Euro looks to be the strongest currency while the Yen seems to be under increasing pressure, so it could be that EurJpy is about to break higher. As with yesterday, EurGbp also seems to have some positive momentum and seems to be building a reverse HS formation. A sustained break of 0.8860 (currently 0.8868), could see a quick run to 0.8940, possibly higher.