It looks as though the US$ could be choppy but may have some mild upside this week, although the outcome of the FOMC/ECB will largely decide the direction. Elsewhere stocks look underpinned, and on the crosses, the Yen looks set to stay under some pressure.
For those who want some excitement in their lives….Bitcoin futures open in 20 minutes!!
*Trade of the day: 12/11/2017 7:07 AM (AET)……
*This is a personal opinion only, based on the look of the table below, and carries no guarantee of success.
Buy US$Jpy @ 113.10. SL @ 112.85, TP @ 114.20
Buy US$Chf @ 0.9890. SL @ 0.9865, TP @ 0.9980
Sell AudUsd @ 0.7530. SL @ 0.7580, TP @ 0.7475
Range Trade: Monday: EurUsd 1.1740/1.1800
Range Trade: Monday: NzdUsd 0.6710/0.6780
Sell Silver @ 16.05. SL @ 16.35, TP @ 15.40
Sell Gold @ 1265. SL @ 1275, TP @ 1235
Buy WTI @ 56.60. SL @ 55.50, TP @ 58.50