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SILVER TECHS

Bullish Extension

GOLD TECHS

Heading North

WTI TECHS

(M1) Needle Still Points North

BRENT TECHS

(N1) Bullish Conditions Remains Intact

USDCAD TECHS

Extends Lower With Bears In Charge

DOLLAR
DOLLAR: The MNI-weighted USD 1m risk reversal measure fell sharply in late
December, bottoming out in early January and leading the drop in the USD index
in the early weeks of 2019.
The measure has recovered sharply and hit a 2019 high today, showing the
currency options market is pricing in a far more favourable view of the USD on a
1m horizon:
https://emedia.marketnews.com/marketnewsintl/USD_Risk_Reversal.jpg
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com