13 June: Trend table outlook for FX, Commodities, Indices: FXCharts

Once again, the markets generally look rather indecisive at the start of Wednesday trade and it could remain so for much of the session, at least until we see the result of the FOMC Meeting. The currencies are offering very little indeed, except that the Aud and the Euro both look a little heavy, as are the crosses, so, as with yesterday I would take a nimble stance right now on all the pairs in the table.
Elsewhere, stocks look to have further upside potential in the medium term although this will depend on the FOMC decision,
No trade ideas today.

Leave a Reply

Your email address will not be published.