SPOT VS DEC FUTURES FORECAST AND SPREAD, as the Dec Futures near closing Dec18 we are seeing the spread narrow further from 2.65 Yen down to 65sen (0.65 Yen) on some days. Im looking at 186.480 before end of the month.
I have generated a chart of the US Dollar Index (USDX) and have overlaid it with a projection, highlighting XAUUSD, USD/JPY, and GBP/USD. This provides a swift and concise overview of these relationships as I like trading Negative coefficients.