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

By | July 27, 2018

After testing the downside yesterday, the dollar is higher again today as the choppy price action continues. Overall, I still like the US$ higher in the medium term although today will be entirely dependent on the outcome of the GDP figure from the US. Until the US data, there will be very little movement so no trades today but I will be long US$ going into the figure, and short Gold as well.