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

By | March 19, 2018

The clearest signals at the start of the week seem to be in the FX crosses, with the Aud looking to be under particular pressure, and with Sterling looking as though it might outperform. The commodity bloc currencies do look under pressure against the US$ also although elsewhere it may be a choppy couple of days while waiting on the FOMC outcome. Stocks are in neutral choppy mode, while WTI looks positive and may see a run back towards 63.00/64.00 in coming sessions.

Sell AudUsd @ 0.7735. SL @ 0.7775, TP @ 0.7650

Buy US$Chf @ 0.9490. SL @ 0.9445, TP @ 0.9610

*Trade of the day: 3/19/2018 8:27 AM (AET)         

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