Bull Trend http://www.bull-trend.com Bull Trend RSS Feed Bull Trend 144 51 http://www.bull-trend.com http://www.bull-trend.com/bk2/img/flogo.jpg FX Board - USD trying to spread its wings http://www.bull-trend.com/commentary/fx-board-usd-trying-to-spread-its-wings Fundamental http://www.bull-trend.com/commentary/fx-board-usd-trying-to-spread-its-wings Thu, 06 Oct 2016 15:09:00 -0700 The US dollar picked up the pace again today after an early dip, with a new low for the cycle in GBPUSD coming alongside a rise in dollar/yen. To confirm the greenback's potential, we'll need to see the currency firmer on the other side of tomorrow's jobs report.

  • USD follows late-Wednesday dip with rally today
  • Greenback gains ground against commodity dollars
  • http://www.bull-trend.com/commentary/the-technical-aspects-of-gold-and-silver Fundamental http://www.bull-trend.com/commentary/the-technical-aspects-of-gold-and-silver Fri, 30 Sep 2016 03:25:35 -0700 Gold and silver are once again putting traders to sleep following Tuesday's October options expiration and ahead of quarter's end on Friday. While the markets are not all that interesting at the moment, gold and silver are approaching crucial technical levels.Major support in gold comes in at 1315. This level represents a long term trend line on a continuous chart dating back to the beginning of the year. A convincing close below 1315 sets up the possibility of a near term washout to the... read more Strong NFP could see USD rally for real http://www.bull-trend.com/commentary/strong-nfp-could-see-usd-rally-for-real Fundamental http://www.bull-trend.com/commentary/strong-nfp-could-see-usd-rally-for-real Thu, 06 Oct 2016 08:43:00 -0700 After a head-spinning comeback in the ISM non-manufacturing survey in September, a November Federal Reserve rate hike could even be in play if tomorrow’s US jobs data are sufficiently strong.

    • Very strong ISM non-manufacturing survey boosts dollar
    • Upside NFP surprise could put November hike back on table
    • Commodity pairs a key signal for broadening USD... read more BT Morning Call for October 6 http://www.bull-trend.com/commentary/bt-morning-call-for-october-6 Fundamental http://www.bull-trend.com/commentary/bt-morning-call-for-october-6 Thu, 06 Oct 2016 12:35:00 -0700

      OVERNIGHT MARKETS AND NEWS

      Dec E-mini S%26amp;Ps (ESZ16 -0.16%) are down -0.21% and European stocks are down -0.24% as speculation mounts that the Fed will raise interest rates this year. Friday's monthly U.S. payroll report will be... read more E-Mini SandP 500 - Employment on tap http://www.bull-trend.com/commentary/e-mini-s%26p-500-employment-on-tap Fundamental http://www.bull-trend.com/commentary/e-mini-s%26p-500-employment-on-tap Thu, 06 Oct 2016 23:54:59 -0700

      The Non-farm Payrolls forecast at 168,000 while the previous reading was 151,000. Any number much lower may have a sentiment change. The Fed is expected to hike interest rates in December, but a low reading on Employment may have the Fed rethink their strategy. The Unemployment Rate is forecast at 4.9 % while the previous reading was 4.9 %. The Private Payrolls is forecast at 170,000 while the previous reading was 126,000. The Average Hourly Earnings is forecast at 0.3 % while the... read more The Energy Report - In The Eye of the Storm http://www.bull-trend.com/commentary/the-energy-report-in-the-eye-of-the-storm Fundamental http://www.bull-trend.com/commentary/the-energy-report-in-the-eye-of-the-storm Thu, 06 Oct 2016 13:51:32 -0700

      Crude oil prices are just shy of $50.00 as Hurricane Matthew is barreling towards the East Coast. U.S. oil supply continues to fall and OPEC and non-OPEC oil producing nations are getting ready to meet in Istanbul to hammer down details of a joint oil production cut.

      Massive evacuations are expected to expand along the East Coast as Hurricane Matthew, a major threat to life and infrastructure, barrels down. For energy, the track of the storm looks to be a bigger threat to demand... read more Soft Market - Here Are My Coffee Thoughts http://www.bull-trend.com/commentary/soft-market-here-are-my-coffee-thoughts Fundamental http://www.bull-trend.com/commentary/soft-market-here-are-my-coffee-thoughts Fri, 30 Sep 2016 03:27:37 -0700 Coffee Futures - Coffee futures in the December contract settled last Friday in New York at 151.40 a pound while currently trading at 151.60 basically unchanged for the trading week as I've been recommending a bullish position around the 156 level and if you took that trade continue to place your stop loss under the 10 day low at 149 on a closing basis only as prices did trade below that level earlier in the trading session.Coffee prices are trading at their 20 day but still above their... read more Grain Traders Positioning For Next Move http://www.bull-trend.com/commentary/grain-traders-positioning-for-next-move Fundamental http://www.bull-trend.com/commentary/grain-traders-positioning-for-next-move Thu, 06 Oct 2016 13:08:00 -0700

      Good Morning! Paul Georgy with the early morning commentary for October 6, 2016 Grain markets are mostly lower as weather forecasts open up for harvest. The US Dollar is higher and stock indices are weaker.

      Weekly export sales report at 7-30 this morning has trade estimating 400,000 to 600,000 tonnes of wheat, 1,100,000 to 1,400,000 tonnes of corn, and 1,200,000 to 1,500,000 tonnes of soybeans.

      Technically speaking the December wheat futures rallied from support levels to... read more Cable Surge http://www.bull-trend.com/commentary/cable-surge Technical http://www.bull-trend.com/commentary/cable-surge Tue, 22 Apr 2014 12:19:42 -0700 Testing the high side of the range and thus the highs for the cycle, this is a pivotal area for GBPUSD with the BoE minutes due tomorrow.GBPUSDChart- EURUSDSimilar to the chart shown in this morning's update, EURUSD daily trading ranges have collapsed to near record lows. The last time we reached this area was in the spring of 2007. Then,... read more