24 May: Trend table outlook for FX, Commodities, Indices

It has been a volatile session on Thursday, and at the end of the day,  the Euro, Aud and Kiwi all look as though they may have some short term upside potential, while the US stock markets and WTI both look increasingly heavy. The metals also appear to have put in a near term base and could squeeze… Read More »

The post 24 May: Trend table outlook for FX, Commodities, Indices appeared first on FXCharts.

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

After a rather steady session there is not an awful lot that is new to report. Oil had the biggest move of the day and the short term momentum indicators are pointing lower although the medium term range shows no real change. Elsewhere the commodities/stock markets both have a rather neutral look, with the exception of the ASX,… Read More »

The post 23 May: Trend table outlook for FX, Commodities, Indices appeared first on FXCharts.

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

Aside from the early move in the Aud$, Tuesday was a relatively steady session, with stocks the main focus – ending a 0.5%/1% higher – and taking US$Jpy along with it. The Aud$ may see some early activity again on Wednesday with the release of the Construction Work Done and the WBC Consumer Confidence  Leading Economic Index although… Read More »

The post 22 May: Trend table outlook for FX, Commodities, Indices appeared first on FXCharts.

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

Monday was quiet, and with little on the calendar on Tuesday coupled with little directional bias in the trend table, a similar session looks likely today. The main interest appears to lie in the Aud$, where we can expect some RBA inspired volatility, although the charts still suggest a sell on rally scenario. Otherwise the FX markets are… Read More »

The post 21 May: Trend table outlook for FX, Commodities, Indices appeared first on FXCharts.

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

The US$ remains underpinned at the start of the week and this looks set to continue, particularly against Sterling and the Australian/NZ dollars. In the short term they are all now rather oversold, so we may see a corrective bounce in each but this is only likely to provide a better selling opportunities as lower levels look to… Read More »

The post 20 May: Trend table outlook for FX, Commodities, Indices appeared first on FXCharts.

8 Apr: Trend table outlook for FX, Commodities, Indices

The US Unemployment data provided very little directionally in any of the markets and there is not an awful lot to go on at the start of the week. We therefore look likely to be fairly rangebound, possibly until the ECB Meeting on Wednesday. In the FX space, there is very little directional bias although the Kiwi does… Read More »

The post 8 Apr: Trend table outlook for FX, Commodities, Indices appeared first on FXCharts.