Trader Talk

USDX: 91.75

Stabilised at 91.50 and we finished slightly higher at 91.75. Key support comes in at 2017 lows at 91. On the topside resistance is seen strong at 92.50

USD JPY: 113.15

Was supported on dips towards Y113.00 and is enjoying support on crosses as risk appetite led by US stocks remains so strong. Key US 10 yr yields remain under 2.5% and would need to break higher for a USD/JPY test of key resistance at Y114.

EUR USD: 1.2025

EUR/USD reversed from 2017 highs near 1.2080 again and now focus is shifting to 1.2000 and trailing stops below it from the recent rally higher.

GBP USD: 1.3560

Really tight ranges but struggling to hold gains as the USD pushed back on Friday. EUR/GBP reversed nicely though from above 0.8900 and is a better focus this week for GBP traders.

AUD USD: 0.7840

Stable and strong near 0.7850 the biggest risk is a EUR/USD led pullback if the rally looks fatigued. Good interest to buy at key 0.7760 supports.

NZD USD: 0.7175

the surprised darling of the market in the last 2 weeks, the NZD/USD rally is continuing and is threatening to test 0.7200 but on the charts is a bit stretched given lack of local data to support the rally and no significant change in Dairy prices.

USD CAD: 1.2395

The CAD continued to be the strongest pair in the market with strong Oil and stellar Canadian jobs data in December helping extend the USD/CAD sell off to below 1.2400.

VIX: 9.22

Record stock market surging is keeping the VIX under 10 and breaking records daily. Need some downside action in the S&P to get the VIX to spike higher.

GOLD: 1319

OIL (WTI):

BITCOIN (BTC):

Macro Themes in Play