5 Jan: Trend table outlook for FX, Commodities, Indices.

By | January 5, 2018

Positive risk sentiment means pretty much a green template today, with stocks leading the way and looking positive on all fronts, while all the currencies, with the exception of the Yen appear to have further gains in store against the US$ in the days ahead. Commodities also continue to benefit from the soft dollar and this appears set to continue. In particular, WTI looks healthy and appears to have further gains ahead of it, where targets would be at 62.55, now not too far away, and possibly at 65.00.

Ahead of the NFP, there will be no trade ideas today. Next update Monday. Have a good weekend.