Analysis

Charts Today – Asia and Europe mixed, awaiting Fed [Video]

Charts Today – Europe Open – 19 Dec 2018 – Asia and Europe mixed, awaiting Fed

  • Dollar short term bearish ahead of fed.

  • Euro up, Sterling still flat. Flight to safety of Japanese Yen continues.

  • US markets ended last night slightly higher. US futures signal higher opening.

  • UK and Germany open up. China down.

  • Crude oil stabilises, still weak short term.

  • Gold back above $1,250, short term bullish.

  • US bond yields still weak short term ahead of Fed announcement.

  • Medium term downtrends still dominate.

  • UK pharma up on GSK, Italian banks up on Eu deal.

 

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