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

Suddenly it is a sea of green today, based on the growing hopes of a US/China trade deal, and also on the positive vibes coming from the UK/EU after the meeting between the UK/Irish PMs hinting at the slight chance of a Brexit trade deal. Sterling has soared and looks as though it may have further to run… Read More »

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 »