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

The markets look rather mixed on Wednesday, although the Euro does look as though it is capable of a test of 1.1300+ against the US$. In the longer term though the charts look heavy and so a sell-the -rally theme seems to be the game-plan. The other currency that looks OK is the Kiwi which seems relatively underpinned… Read More »

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

There is a lot of red on the heat map today and trading the US$ from the long side and stocks from the short side seems to be the general plan. In particular selling EurUsd into rallies with a SL placed just above 1.1300 seems to be an idea. I also think that the Aud and Kiwi are… Read More »

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

The US$ did remain firm on Friday, as expected, and it looks as though that could remain the case in the coming session although being a partial US holiday (Veterans Day) it is likely to be a quiet session. Looking to sell any of the majors against the US$, with the possible exception to the JPY which looks… Read More »

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

The US$ is firmer following the FOMC Meeting and the short term charts hint that this may continue into the weekend so buying on dips against any of the majors seems to be the plan. On the crosses, things look rather mixed but after a strong run higher, both AudJpy and NzdJpy seem to be topping out so… Read More »

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

It has been a full risk on session following the US elections and stocks, in particular, look as though they have further gains ahead of them in the days ahead. The Yen remains under pressure as a funding currency, and although rather rangebound against the US$, it does look as though the Yen crosses have further upside potential,… Read More »