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

Things look rather different on Tuesday following the announcement of the delay in tariffs on Chinese goods and all of a sudden we have a positive risk outlook with US stocks moving up sharply and the Jpy back under pressure, and US$Jpy and the Jpy/Xs now looking as though they  wants to head. All very confusing, and difficult… Read More »

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

It was a risk-off Monday, with the same theme looking set to continue in coming sessions, meaning that Gold, the Jpy and the Chf should be in demand, while stocks, the Aud$ and the NZ$  seem set set to remain under downside pressure. —————————————————————————————————————————————– *Trade of the day: August 13, 2019; 7:22 AM(AET)                            *This is a personal opinion… Read More »

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

After a choppy Friday, the heat map looks rather mixed on Monday although Sterling did fall heavily and it looks set to remain under pressure, both against the US$ and also on the crosses, as we start the new week. Elsewhere, safe haven demand appears to be the medium-term theme, with both the Jpy and the Chf seemingly… Read More »

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

Stocks rallied strongly on Thursday, and in the short term they seem to have further positive momentum ahead of them, but the longer term charts still appear to be heavy, so selling rallies remains the overall theme. Elsewhere, the FX markets are looking choppy, although the Aud$ and Nzd$ do seem to have mild upside momentum, but as… Read More »