23 Nov: Mostly quiet. Cable higher after UK/EU agree Brexit deal. Flash PMIs the focus for Friday.

By | November 23, 2018

It has been generally very quiet because of the US holiday although Sterling surged higher on the news that the UK and the EU have agreed a declaration on their future relationship. This will be ratified over the weekend and has yet to get passes by the UK parliament so until Monday, further upside momentum is likely to be limited. Elsewhere is has been quiet and rangebound

Looking ahead, the focus will be on the German GDP and the flash EU/US Flash PMIs, although liquidity will be thin as it is a half day in the US. Have a good weekend.

Economic data highlights will include:

Fri: German GDP, EU/US Flash PMIs.

CURRENCIES
EURUSD: 1.1406
Res  1.1430  1.1455  1.1475
Sup  1.1385  1.1355  1.1330
USDJPY: 112.95
Res  113.15  113.40  113.65
Sup  112.85  112.60  112.30
GBPUSD: 1.2879
Res  1.2905  1.2925  1.2945
Sup  1.2860  1.2840  1.2820
USDCHF: 0.9941
Res  0.9960  0.9980  1.0005
Sup  0.9925  0.9910  0.9890
AUDUSD: 0.7253
Res  0.7275  0.7300  0.7325
Sup  0.7235  0.7215  0.7200
NZDUSD: 0.6812
Res  0.6825  0.6840  0.6855
Sup  0.6790  0.6775  0.6760
INDICES / COMMODITIES
S&P.fs: 2632
Res  2645  2660  2675
Sup  2620  2605  2590
DJ30.fs: 24325
Res  24435  24520  24655
Sup  24260  24155  24075
SPI200.fs: 5667
Res  5690  5715  5740
Sup  5645  5620  5595
XAUUSD: 1227
Res  1230  1235  1240
Sup  1225  1220  1215
XAGUSD: 14.48
Res  14.55  14.65  14.75
Sup  14.40  14.30  14.20
WTI.fs: 53.82
Res  54.50  55.15  55.85
Sup  52.85  52.20  51.50