Market Brief / 29 - 01 - 2018

Thank You For Your Support and For
Honoring Me With Your Up Vote..

EUR/USD preference is short positions below 1.2465 with target at 1.2390. Alternatively, above 1.2465 look for further upside with 1.2570 as target. A break below 1.2390 would trigger a drop towards 1.2330.

On the data slate there’s UK Nationwide Housing Prices; US Personal Consumption Expenditures; US Personal Income; US personal Spending; US Dallas Fed manufacturing Business Index; and US 3- and 6- Month Bill Auctions.

My Personal Trading Plan
SELL EUR/USD @ 1.2440 OR BETTER – STOP @ 1.2500 – TARGET @ 1.2330
SELL GBP/USD @ 1.4150 OR BETTER – STOP @ 1.4210 – TARGET @ 1.4065
BUY USD/JPY @ 108.60 OR BETTER – STOP @ 108.10– TARGET @ 109.50
SELL CL0318 @ 66.50 OR BETTER – STOP @ 66.90 – TARGET @ 64.70
SELL AUD/USD @ 0.8090 OR BETTER – STOP @ 0.8130 – TARGET @ 0.7990
SELL XAU @ 1352 OR BETTER – STOP @ 1360 – TARGET @ 1335
SELL XAG @ 17.60 OR BETTER – STOP @ 18.10 – TARGET @ 16.90

THE ABOVE BRIEF IS MY PERSONAL OPINION AND DOES NOT CONSTITUTE ANY PROMISES OR GUARANTEES OF PROFITS. TRADING IN CURRENCIES AND COMMODITIES ARE HIGH RISKS. YOU SHOULD NOT TAKE ANY MATERIAL POSTED AS RECOMMENDATION.