15 Aug: Trend table outlook for FX, Commodities, Indices

The Turkish Lire stage a comeback today, currently at around US$6.35 although it has not staged any rebound in other currency pairs which mostly remain under pressure against the rampant US$. In brief: The US$ remains very bid in the medium term against the Euro, Aud, Kiwi and Sterling in particular. The short term charts also look heavy… Read More »

14 Aug: Trend table outlook for FX, Commodities, Indices

Once again there is a lot happening in the markets so, in bullet points: The US$ remains very bid in the medium term against the Euro, Aud, Kiwi and Sterling in particular. The short term charts though do hint at better levels to get short of each of these pairs, so I would not be diving in on… Read More »

13 Aug: Trend table outlook for FX, Commodities, Indices

There is far too much going on at the start of the week with the charts beginning the week with an opening gap in several US$/pairs,  so, in bullet points: The US$ remains very bid in the medium term against the Euro, Aud, Kiwi and Sterling in particular. A sell on rallies today in EurUsd/AudUsd etc would seem… Read More »

10 Aug: Trend table outlook for FX, Commodities, Indices

There is plenty going on today, with a lot of red on the map. The US$ is looking very well bid against the commodity bloc currencies, the Euro and Sterling, but less so against the Chf and Jpy which seem to be in demand for safe haven reasons. This means that there has been a lot of action… Read More »