Sterling has been blasted lower after BoE governor Carney cast doubt on a previously pretty-much-expected UK May rate hike. The EU's rejection of Britain's latest Brexit-Irish border plan only served to deepen the rot.
Article / 17 December 2012 at 10:06 GMT

Turtle: Commodity and USD weakness creating potential signals

Head of Commodity Strategy / Saxo Bank

Several potential signals will be watched today, most of which will be triggered either by dollar weakness against EUR, GBP and CHF or by additional weakness in commodities, which could trigger selling signals in natural gas and gold.

Details of potential signals in today's trading: 

- Buy EURUSD at 1,317 and 1,3214

- Buy GBPUSD at 1,6217 and 1,6250

- Sell USDCHF at 0,9137

- Sell Natural Gas at 3,248 and 3,188 and 3,129

- Sell Gold at 1672,7 and 1664,6

Please see the attached update for additional information.

Download document

2012_12_17_Turtle Trading Model (Original).pdf

Iva Iva
Hi Ole, is it possible to get such daily trading signals as above but on Brent?thank you
Ole Hansen Ole Hansen
Not at the moment but it is our endeavor to publish trading ideas, also on Brent, whenever an interesting signal develops.
Iva Iva
Ole, it would be a support for sure, thank you very much


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