14 Nov: Trend table outlook for FX, Commodities, Indices.

By | November 14, 2017

The table is not offering much help after a mostly rangebound session although the Aud$ does look rather heavy and I suspect that a test of 0.7570 may lie ahead. The Euro looks slightly bid, at least in the short term, on the crosses but nothing to get carried away with. Strategically I still prefer to be long US$ although there is nothing that stands out in the table, with the possible exception of the Aud$, that really suggests any move is imminent. Elsewhere, WTI looks as though it is biding its time ahead of a move higher and I prefer to buy dips.
*Trade of the day: 11/14/2017 7:44 AM (AET)……
Sell AudUsd @ market (0.7625). SL @ 0.7685, TP @ 0.7570
*This is a personal opinion only, based on the look of the table below, and carries no guarantee of success.