1 Mar: Trend table outlook for FX, Commodities, Indices

The US$ is mixed following the better than expected US Q4 GDP although it has bade good gains against the Aud$, Nzd$ and the Jpy. The charts suggest that this can continue so I still like to be short both the Aud and the Kiwi although US$Jpy is now resting up against the converging 100 DMA /200 DMA… Read More »

28 Feb: Trend table outlook for FX, Commodities, Indices

Sterling has once again been the centre of interest on Wednesday, and, as before, the charts suggest that the session’s gains may well be added to in the days ahead although conditions do look set to be rather volatile, but buying dips in Sterling against most of the majors still seems to be a plan. EurGbp and Gbp… Read More »

27 Feb: Trend table outlook for FX, Commodities, Indices

Sterling has been the centre of interest on Tuesday, and the charts suggest that the session’s gains may well be added to in the days ahead although conditions do look set to be rather volatile, but buying dips in Sterling against most of the majors seems to be a plan. EurGbp and Gbp Aud look particularly interesting.  A… Read More »

26 Feb: Trend table outlook for FX, Commodities, Indices

While the “risk-on” theme continues to run through markets ahead of any announcement on a trade deal between the US/China, I am wondering if this is all a buy the rumour-sell the fact type scenario, so I remain very cautious of buying risk assets at these levels. In the meantime stocks, the commodity bloc currencies remain positive but… Read More »