FX/commodities trend table 25-Nov-16

Trending Table:  Friday, November 25, 2016 As before, all trades seem to hang on the US dollar, which appears set to head higher as we approach the December FOMC Meeting, and the Yen, which looks to be headed lower on all fronts. Trading the dollar from the long side against all majors seems to be the play, while… Read More »

24 Nov- trend tables

Trending Table :  Thursday, November 24, 2016 Green = Possible Buy Opportunity. Red = Possible Sell Opportunity. The products marked in red/green mark suggest ether a short term (1 hour/4 hour charts) or a longer term trend, where the dailies are aligned (or seem to be aligning with) with the weekly indicators. The shorter term (1+4 hours) momentum… Read More »

23Nov- fx/commodity trend table

Trending Table                                                                                                  Wednesday, November 23, 2016 Green = Possible Buy Opportunity Red = Possible Sell Opportunity The products marked in red/green mark suggest ether a short term (1 hour/4 hour charts) or a  longer term trend, where the dailies are aligned (or seem to be aligning with) with the weekly indicators. The shorter term (1+4 hours) momentum indicators… Read More »

23 Nov: Markets mixed ahead of US Durable Goods Orders and FOMC Minutes.

Markets have generally traded sideways on Tuesday with the US$ unable to take advantage of the strong U.S. home sales, which rose in October to their highest level in more than 9-1/2 years to an annual rate of 5.6 million in October, the highest level since February 2007. At the same time, the September figure was revised up to 5.49 million from the previously reported 5.47 million units.

The global flash PMIs will be the early focus on Wednesday ahead of a heavy US schedule, which sees the October Durable Goods Orders (exp 1.5%, Ex-Auto; 0.2%), Oct New Home Sales (exp 0.59 mio) and the Michigan Consumer Sentiment Index (exp 91.6). Having got all that out of the way, the FOMC Minutes will …….

22 Nov: Free FX/Commodities/Stocks Trending Table

The products marked in red/green mark suggest ether a short term (1 hour/4 hour charts) or a  longer term trend, where the dailies are aligned (or seem to be aligning with) with the weekly indicators. The shorter term (1+4 hours) momentum indicators may also be aligned with the longer term charts, but more likely will suggest a buy… Read More »

22 Nov: US$ mixed as FOMC Minutes come into focus. Sterling higher on positive Brexit headlines.

Currency markets have had a mixed session on Monday, with Sterling the big winner after some slightly more positive Brexit headlines as the UK PM, May hinted at a the chance of a transitional deal with the EU in order to avoid a “cliff edge” for business when Britain’s two-year Brexit negotiating period comes to an end. Elsewhere, the commodity bloc currencies are also a little higher, assisted by a more positive attitude to risk

21 Nov: Trending Table

21 November 2016 : Trending table The products marked in red/green mark suggest a longer term trend, where the dailies are aligned (or seem to be aligning with) with the weekly indicators. The shorter term (1+4 hours) momentum indicators may also be aligned with the longer term charts, but more likely will suggest a buy or sell level… Read More »

FX Charts outlook for S+P, Dow, ASX SPI, Gold, Silver, WTI #Commodities #stocks #metals

INDICES/COMMODITIES S&P Futures 2180 Resistance Support 2210 Minor 2172 17 Nov low 2205 Minor 2160 200 HMA 2200 Psychological 2150 (23.6% of 2028/2187)/100 DMA 2191 All time high (23 Aug) 2135 Minor 2187 Friday high 2125 (38.2% of 2028/2184) Bias US stocks again remained rangebound on Friday (2177/87), leaving the outlook for the beginning of […]