29 Nov: Trend table outlook for FX, Commodities, Indices.

By | November 29, 2017

The US$ seems to be a little better bid across the board today, at least in the short term although the longer term indicators still look rather mixed. In the crosses, Sterling looks as though it has the legs to head higher and I think we can see a move to new trend highs in GbpAud. Stocks look set to continue to head higher after the positive session that we saw yesterday. Silver had a move for once, and looks as though further short term weakness may lie ahead. Leave WTI alone until we see the outcome of the OPEC meeting. Eventually I like it higher, but it is likely to be quite volatile today.

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

Sell EurUsd @ 1.1880. SL @ 1.1925, TP @ 1.1780

Buy US$Jpy @ 111.10. SL @ 110.80, TP @ 112.00

Buy US$Chf @ 0.9800. SL @ 0.9770, TP @ 0.9900

Sell AudUsd @ 0.7615. SL @ 0.7675, TP @ 0.7535

Buy GbpAud @ 1.7500. SL @ 1.7340, TP @ 1.7800