Sunday, November 19, 2017

Week Ahead 48

There isn't much to report on US equities as they remain in the range where they were last week. DAX correction seemed to bottom on Thursday but it retraced on Friday making a lower swing high. 

US 2y yield is making new highs, whereas 10y remains in a range flattening the curve.

German 2y is still in a range.

Gold made a very strong bull price action Friday (so did other metals especially platinum). We should see how strong the 1300-1300 resistance area would be, but the strong Friday move suggest that it might not hold.

The much better than expected German GDP data pushed the EUR higher, but he 1.875 resistance held firmly for the time being.

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