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

By | November 9, 2017

It looks set to be a rather uninspiring session on Thursday after a fairly rangebound session and ahead of tomorrow’s US Veterans Day holiday. I don’t really see too much to trade from although the Yen crosses (EurJpy/AudJpy) may grind a little higher. The Kiwi looks the best bet although that may have already made its move following the RBNZ decision, but it does seem set to remain underpinned or the next few days. That aside, the only thing that looks really interesting right now is oil, where I still think that WTI could at some stage make a leap towards 60.00, and buying dips remains preferred.

*Trade of the day: 11/9/2017 8:57 AM (AET)……