Markets Paying Close Attention

Participants from traders, analyst and investors alike are closely focused on the new inaugurated US President as what his first week moving forward would he really be taking action. This have given the market some breathing room yet the 1st re-attempt to fuel another rally has been quite soft to the dismay of investors. The clamor for #DOW 20k have diminished despite of the come back of Oil and the decline of the #USD. That is why the ability to 'Hedge' what has been gained should be well protected or simply cashing it in for starters. Maximizing full market potential is another alternative trading decision & strategy when called upon. Using Futures market as a market preference. 

The continued weakness of the USD from the 103.56 high to its current levels near the 100 figure have given European majors and Asian currencies a breather for a price recovery which was more than welcomed particularly for CABLE, EURO & the AUSSIE Dollar. Meanwhile the USDJPY have been trading in both directions with a narrowing range from 115 -112.00 plus or minus

The first month of the year's trading is what we call a 'feeling your way' into the market as extreme 'Divergence' between Asia and US markets while the room for price re-alignment is still in the making from the start of January 2017. What it means, would be a clear range trading activity with some attempts of a continued weakness of the USD while secular forces would remain passive. Although, when volumes & momentum do pick up we'll be able to see some price action least expected. For as long as the USD remains and confined within its range we'll be more on a consolidation before any real action occurs.