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

The US$ remains under pressure on Thursday, although the technical picture looks rather mixed today so a more cautious approach is required, with the US$/majors all giving very little hint in either direction. US$Jpy looks a little better bid right now but any negative news will see risk sentiment turn sour quite rapidly, so any dollar bid tone… Read More »

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

The US$ remains under pressure on Wednesday, and from a technical perspective it looks as though there may be more of the same to come, at least in the near term, so trading the Euro, Cable, Aud$ and Kiwi from the long side seems to be the current plan.. The dollar weakness has seen demand return to the… Read More »

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

The US$ remains heavy at the start of Tuesday trade and, in the short term at least, trading it from the short side, looking to by dips, seems to be the plan. Further out, the dollar also looks to be losing its upside momentum so some caution is warranted although I suspect that eventually it will resume its… Read More »

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

After the profit taking seen in the currency markets on Friday, the US$ ended the week with only marginal gains from the previous week, so a rather neutral outlook is required today. The short term momentum indicators suggest the chance of further, minor dollar weakness although the longer term charts still hint that the dollar’s bull run will… Read More »

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

Stock markets are a bit higher today, and appear to be underpinned in the short term although some more choppy trade looks likely, with risk sentiment providing the direction Currency markets have moved into consolidation mode and I suspect that this will apply into the weekend given that there is not too much data to move things around.… Read More »

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

As before there is an awful lot going on right now, too much too take it all in really but the main points are: The US$ remains very bid in the medium term against the Euro, Aud, Kiwi and Sterling in particular. The short term charts now look as though we could see some near term US$ weakness,… Read More »