Here are today’s views and trading ideas
Good morning all. This is the real start of the year.
Brexit headlines are going to start ramping up now the UK Parliament is back in business. Can’t wait 😉
We’re still lacking a lot of US data so we wait to see if Trump can solve that impasse. We do get the ISM services numbers later so that might take more focus than usual.
I’m pretty much still in jobbing mode trading wise. I see no really big trends on the horizon right now. What I am looking for is to see where USDJPY might settle into a new range. If we stay above 108.00 for any length of time, that could put us back in the 108-114 range, though I suspect we might find 110.00/111.00 acting tough on rallies. Get and hold below 108 and we’re likely to see something like a 105-108 range developing.
AUDUSD has an interesting area from 0.7140-0.7200 so I’m looking at all the tech there for some quick opportunities.
Welcome to the new week and let us know what’s tickling your fancy today.