The US$ weakened last session helping to reverse some breakout moves from earlier in the week. Watch for any further moves on the index with today’s USD Retail Sales and CPI data. There is NZD Building Consents and CNY GDP data to monitor during the Asian session as well.
USDX weekly: the 92.50 continues to be resistance:
EURX weekly: this bearish candle has reduced in size:
Trend line breakouts and TC signals:
Oil: this has been a great entity to trade with TC this week. The trend line breakout is now at 260 pips and there was another great TC signal last session that gave a trade result of up to 10 R!
Oil 4hr: a great triangle breakout here:
Oil 15 min: another TC signal here for up to 10 R:
EUR/USD: this has reversed losses from earlier in the week for a new bullish breakout. It has given just 60 pips at moment but note how price is back above 1.20 S/R:
AUD/USD 4hr: a Bull Flag starting? Just 40 pips for now as price stalls near the daily chart’s 61.8% fib:
NZD/USD 4hr: an ascending triangle breakout here for 50 pips. The weekly 200 EMA is giving this pause at the moment:
USD/JPY 4hr: now at 130 pips:
EUR/NZD 4hr: now at 230 pips but slowing:
GBP/JPY 4hr: still at 180 and keep watching the 150 level for any new make or break:
ASX-200 15 min: this TC signal is up to 9 R now:
EUR/JPY 4hr: the 133 level held here and note the revised trend lines:
AUD/JPY 4hr: 87 has held here for now:
GBP/USD 4hr: choppy around the key 1.35 level:
Gold 4hr: still a bit Bull Flag like.
JP-225: watch for any Flag breakout here: