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

By | December 15, 2017

The currency markets look mixed on Friday and some choppy trade may be in store today although the Yen looks very sensitive to stock market moves and another sell off there could create further Yen strength. Stocks themselves do look as though they may want to head al little lower within the overall uptrend. The Aud looks pretty perky today, although I cannot bring myself to buy it up here against the US$ now that we have parity in interest rates, but it also looks healthy against the Euro and the Kiwi today, so buying the Aud crosses could be a plan.

*Trade of the day: 12/15/2017 8:31 AM (AET)……

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

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Buy AudNzd @ 1.0950. SL @ 1.0890, TP @ 1.1075

Sell EurAud @ 1.5440. SL @ 0.1.5505, TP @ 1.5200

Range Trade: Friday: EurUsd 1.1740/1.1820