26 Feb: Stocks sell-off accelerates as virus spread sends investors rushing for the exit – More of the same ahead.

Despite looking a little healthier at the start of US trade, stocks are once again sharply lower, sent into decline by a warning from the National Center for Immunization and Respiratory Diseases that they now expect a wider spread of the coronavirus in the US and are preparing for a…

Comments Off on 26 Feb: Stocks sell-off accelerates as virus spread sends investors rushing for the exit – More of the same ahead.

13 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

Improving risk-sentiment has seen the US stock indices move to yet new all-time highs while the US$ is mixed on Thursday, lower against the commodity currencies but higher against the EU majors and the Jpy, as safe-haven demand diminishes. The metals are sitting in neutral territory while WTI is back…

Comments Off on 13 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

12 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

The US$ is generally a little softer on Wednesday and the charts hint that this could continue to be the case in the coming session although the daily charts suggest that any near term weakness may present a buying opportunity.  The exception to this today may be the AudUsd, where…

Comments Off on 12 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

11 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

The US$ remains underpinned on Tuesday, as seen in the constructive looking DXY projections in the heat map, below, and also from the DXY chart, which today perfectly touched the Fibo target at 98.88 (76.4% of 99.67/96.34). Technically, the daily charts hint that the dollar’s uptrend could well continue over…

Comments Off on 11 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

10 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

The US$ remains very well underpinned on Monday, as seen in the constructive looking DXY projections in the heat map, below,  and technically the charts hint that the dollar’s uptrend could well continue over the next few sessions, with the Euro, Sterling, Aud and Nzd all looking vulnerable. The safe…

Comments Off on 10 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

7 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

The US$ remains very well underpinned on Friday ahead of the US jobs data due later in the session and, technically, the charts hint that the dollar’s uptrend could well continue into the weekend. At the same time, US stocks rallied for the 4th consecutive session on Thursday with the…

Comments Off on 7 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

6 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

The US$ looks increasingly well underpinned although today may be a rangebound affair while waiting on tomorrow’s US employment data. The Euro looks increasingly heavy while the safe haven currencies (Jpy, Chf) also appear to be under pressure. In other markets, stocks show no sign of running out of steam…

Comments Off on 6 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

5 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

Tuesday has seen a turnaround in risk sentiment with the Jpy, Chf and Gold being sold heavily, while stockmarkets are strongly higher, as is the Aud$, underpinned by Tuesday's RBA decision to leave rates on hold, which has dragged the Nzd along with it. The Euro is stuck in no-man’s…

Comments Off on 5 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

4 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

Monday has generally been a choppy session although Sterling took a tumble because of Brexit disagreements but elsewhere the FX world has seen a mildly stronger US$ after the decent manufacturing PMI. The safe haven assets, (Jpy, Chf & Gold) have all given back a little ground due to the…

Comments Off on 4 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

3 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.

  Risk assets were sold off on Friday, with safe haven products seeing good demand as the coronavirus intensified, and it would seem that we may see more of the same in the days ahead. Trading Gold, Jpy, Chf from the long side and the Aud, Nzd, Stocks, Oil from…

Comments Off on 3 Feb: Trend Table and Trade possibilities for FX, Commodities, Indices.
Close Menu