Market Outlook: 7-11 November

Among the election nerves, our analysts are viewing the MXN, JPY, CHF and Gold.

In the event of a Trump win, we could see the USDMXN rally:

usdmxn-h4-orbex-limited

If the Donald doesn’t acquire enough votes in either Ohio, North Carolina or Florida I’m taking the boring approach and looking for MXN strength:

usdmxn-h4-orbex-limited-2

However, all you FX traders out there. A Trump win would signal uncertainty in the market, giving preference to safe havens and commodities:

xauusd-d1-orbex-limited (3).png

usdchf-d1-orbex-limitedusdjpy-w1-orbex-limited

 

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s