Weekly Outlook for Forex

FX Trading

This week we have a virtual tsunami of data coming out.  We have 4 major central bank interest rate decisions starting on Tuesday with the RBA.  Then on Wednesday we have the RBNZ, followed by both the ECB and BOE on Thursday.  We end the week with Friday’s NFP report here in the US so…

Weekly Outlook for Commodities

FX Trading

Commodities are trying to hold onto the gains they have had as you can see in the CRB index.  The CRB is building a bull flag on the daily charts.  However, we do not see immediate upside follow through any time soon.  We remain biased to expecting a pullback in commodities in the near term. …