11 Sept: Trend table outlook for FX, Commodities, Indices: FXCharts

The dollar seems mixed today, under some mild pressure against the Euro and Sterling while seemingly finding a bit of demand against the Yen and the Chf. The Aud and Kiwi look neutral in the short term but remain heavy further out.

The Euro, and more particularly Sterling actually looks better bid on all fronts, and both seem to have further gains ahead, with the Aud and the Yen looking to be the best bets on the crosses.

US Stocks look neutral in the near term, but could be a buy on dips, although as we said before caution is warranted incase Donald Trump ramps up the trade tensions with China/EU/Japan etc. WTI also looks heavy in the medium term.

By | September 11, 2018


*Trade of the day: September 11, 2018 6:34 AM(AET)                    

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

Buy EurUsd @ 1.1550. SL @ 1.1525, TP @ 1.0650

Sell EurUsd @ 1.1650. SL @ 1.1710, TP @ 1.1550

Sell AudUsd @ 0.7150. SL @ 0.7180, TP @ 0.7020

Sell NzdUsd @ 0.6570. SL @ 0.6610, TP @ 0.6470

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