Whats going in the market?
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Watch out for Fixed Income volatility.
EURUSD not looking impressive. Expect 1.2980 to be tested in the X-mas days. We usually see some stop-hunting in the pre-X-mas days…
If USDJPY takes out the distribution around 118.50, if will be lifted towards 119.90. + the carry…
1.12 in AUDNZD is a big cross-roads. A break leads to 1.05 area, but best risk-reward it being long with a stop-reversal.
Stocks still looking good.
Precious Metals forming a Longer term triangle, as consolidation takes place, Price suggests we are in the down leg to test the support, which shall bounce and perform a new rally, crossing with 650-653 resistance for gold.
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