Tag Archives: dollar

13 Dec: Forecast: Stocks/ Commodities.

  S&P: 2668 The S&P is trading at new all-time highs on Wednesday, and with the momentum indicators now generally aligned to the topside, a continuation towards 2700 may be on the cards. 1 hour/4 hour indicators: Up Daily Indicators: Turning higher Weekly Indicators:  Up Preferred Strategy:  Despite the increasing risks of staying long, the long term uptrend… Read More »

13 Dec: Forecast: FX: US$/Majors + trade ideas

  EURUSD: 1.1746 €/Usd has traded a mostly heavy session after the softer ZEW,/stronger US PPI undermined the Euro although the dollar then gave back some of its gains after headlines came through that Senator Rand Paul feels unable to vote for raising the US budget deficit. We now await the upcoming US CPI and the FOMC/ ECB… Read More »

12 Dec: Forecast: Stocks/ Commodities.

  S&P: 2661 The S&P is trading higher Tuesday, and with the momentum indicators now generally aligned to the topside, another run towards the all-time high at 2664 may be on the cards. 1 hour/4 hour indicators: Up Daily Indicators: Turning higher Weekly Indicators:  Up Preferred Strategy:  Despite the increasing risks of staying long, the long term uptrend… Read More »

12Dec: Forecast: FX: US$/Majors + trade ideas

  EURUSD: 1.1766 €/Usd has traded a little higher in a tight session for much of Monday (1.1763/1.1811) before giving up the gains late in the day, while waiting on the upcoming FOMC/ ECB meetings, with much of the action coming through the crosses, where EurJpy and EurGbp were prominent drivers. As before,  the 4 hour/daily momentum indicators… Read More »