29 May: Trend table outlook for FX, Commodities, Indices

By | May 29, 2018

The Euro once again looks to be the centre of the action, heading into Tuesday trade, and trading it from the short side against both the US$ and on the crosses seems to be the way forward. .

Elsewhere it all looks rather scrappy although there is not a lot of green on the heat map so I would not be too involved. WTI still looks heavy, while on the crosses, AudNzd seems to have topped out for now.

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 *Trade of the day: 5/29/2018 7:05 AM (AET)                           

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

Sell EurUsd @ 1.1700. SL @ 1.1760, TP @ 1.1530