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

By | March 26, 2018

It was all about the stock markets again on Friday as Wall Street tumbled, and it looks set to be much the same at the start of the coming week, with the momentum indicators pointing lower on all fronts. The currency markets look a much harder trade and probably best left alone today although US$Jpy still looks a sell and the Jpy itself appears to be in demand through the crosses as well. The Aud$ looks set to stay under pressure.

*Trade of the day: 3/24/2018 7:21 AM (AET)         

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

Sell US$Jpy @ 105.20. SL @ 105.60, TP @ 104.20

Sell AudUsd @ 0.7725. SL @ 0.7755, TP @ 0.7670