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

It has been another choppy, sideways session in the FX markets, while stocks are higher on the back of the latest positive trade-news headlines. More of the same looks likely today as further headlines are released, and a rather cautious stance is going to be required. The outcome of the US/China trade talks will be pivotal for all… Read More »

9 Oct: Trend table outlook for FX, Commodities, Indices

It has been another choppy, sideways session in the FX markets, and given the empty calendar, there is not much inspiration to be found on the trend table today, so a generally cautious stance is required. Another range trade day looks most likely in the FX space, with Cable looking a bit heavy because of the never-ending Brexit… Read More »

8 Oct: Trend table outlook for FX, Commodities, Indices

It has been a choppy, sideways start to the week and there is not much inspiration to be found on the trend table today, so a generally cautious stance is required. There is some Yen weakness to be seen in the short term momentum indicators and this may continue although that depends on some positive risk headlines, so… Read More »

4 Oct: Trend table outlook for FX, Commodities, Indices

Stocks have recovered from their overnight lows after another sharp selloff and the short term momentum indicators now point higher, while the longer-term charts still look heavy. Selling rallies seems to be the plan – wait for the NFP to find out. As with the stockmarkets, US$ saw a sharp move lower in US$Jpy ahead of a partial… Read More »

3 Oct: Trend table outlook for FX, Commodities, Indices

It has been a very rocky session for stocks, as the indices broke below support and moved down by around 1.5%, with the S+P coming within just 7 points of the 2865 target that we mentioned yesterday. More of the same seems possible today, as all time frames are aligned lower, so once again I prefer to trade… Read More »