Charts Today – Markets await queue from US after holiday [Video]

David Linton Updata Ltd

Charts Today – Europe Open – 19 Feb 2019 – Markets await queue from US after holiday

Dollar shows some short term weakness, but upside targets still there. Eurodollar up, Sterling rises.
US stocks set to open flat today based on US futures post President’s day.
UK and Germany fairly flat again today. Asian stocks mostly up. India lower turning bearish short term.
Crude oil holds last week’s big moves, short term bullish.
Gold makes 10 month high, activating target 7% higher.
US bond yields weak, short term bearish. German bonds strong but weakening short term.
UK – HSBC down on results, Standard Chartered falls in sympathy. Greggs up on trading statement.

Author

David Linton

Updata Ltd

David Linton founded Updata in 1991 after several years trading and developing systems himself. He is a regular commentator on financial markets in the UK press and TV.

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