15 Mar: Trend table outlook for FX, Commodities, Indices.

By | March 15, 2018

It all looks very neutral on Thursday so it may be wise to stand aside or to trade a range today. Stocks look heavy again in the short term although the dailies remain positive and selling rallies is preferred. The currencies are very uninspiring although the Yen seems to have some near term strength, so selling US$Jpy or the Yen crosses (EurJpy, AudJpy) may be a plan.

*Trade of the day: 3/15/2018 7:34 AM (AET)         

Buy US$Jpy @ 105.80. SL @ 105.30, TP @ 106.50

EurUsd – Range trade 1.2310/1.2410?

*This is a personal opinion only, based on the look of the table below, and carries no guarantee of success.