27 Apr: Trend table outlook for FX, Commodities, Indices

By | April 27, 2018

The US$ again looks to be the main game, with the Euro looking particularly heavy and would seem to be a sell on most pairs including against the Jpy, Aud and Gbp. US$Chf seems to be headed towards parity although the pair has now risen 9 days in a row and some sort of correction is due so buying dips may be the plan. The Aud and Kiwi short term momentum indicators are suggesting we may see a minor topside squeeze, but selling rallies is still preferred.

Stocks look set for further near term gains.

*Trade of the day: 4/27/2018 8:31 AM (AET)         

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

Sell EurUsd @ 1.2140. SL @ 1.2210, TP @ 1.2030

Buy US$Jpy @ 108.80. SL @ 108.40, TP @ 110.40

Buy US$Chf @ 0.9850. SL @ 0.9795, TP @ 0.9935

Sell AudUsd @ 0.7585. SL @ 0.7615, TP @ 0.7480

Sell NzdUsd @ 0.7085. SL @ 0.7125, TP @ 0.6980