28 June: Trend table outlook for FX, Commodities, Indices

By | June 28, 2018

The US$ seems set to continue its rise against the EU majors and the commodity bloc currencies so tradin from the long side is preferred. Oil also looks good while stocks and the metals seem set to remain pressured by the prospect of the stronger dollar.

The crosses are probably best left alone right now as there is too much going on elsewhere although personally, I remain short of NzdJpy.

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*Trade of the day: 6/28/2018 7:37 AM (AET)                           

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

Sell Gold @ 1260. SL @ 1270, TP @ 1240

Sell EurUsd @ Market (1.1560). SL 1.1610, TP 1.1400

Sell AudUsd @ Market. SL @ 0.7410, TP @ 0.7200