FX: some moves ahead of FOMC.

The US$ hasn’t moved that much but there have been a number of decent trend line breakout moves across FX pairs. In fact there were 6 breakouts with 5 giving good TC signals as well. I’d thought it might be quiet in the lead up to FOMC but, not so.

Data: watch today for AUD Monetary Policy Meeting Minutes, EUR German ZEW Economic Sentiment & general EUR ZEW Economic Sentiment, USD Building Permits and NZD GDT Price Index data.

USDX daily: watch the Flag trend lines and 92.50 for any breakout activity ahead of, and with, tomorrow’s FOMC:

EURX weekly: That potential Bull Flag I noted on the weekend looks to be shaping up for now!

Trend line breakout trades: there were 6 new breakout and 5 triggered TC signals as well.

Gold: A trend line breakout for 140 pips and a TC 15 min chart signal that has given almost 2R:

Gold 4hr:

Gold 15 min: triggered during the European session:

Silver: A trend line breakout for 45 pips and a TC 15 min chart signal that has given 4 R:

Silver 4hr:

Silver 15 min:

EUR/JPY: A trend line breakout for 70 pips and a TC 15 min chart signal that is in progress but not at 1 R yet:

EUR/JPY 4hr:

EUR/JPY 15 min:

USD/JPY: A trend line breakout for 70 pips and a TC 15 min chart signal that has given 1 R:

USD/JPY 4hr:

USD/JPY 15 min:

USD/TRY: A trend line breakout for 600 pips and a TC 15 min chart signal that has given 3.5 R:

USD/TRY 4hr:

USD/TRY 15 min: way too big a Stop for my liking but, still, the signal and trade worked out well!

EUR/AUD 4hr: a breakout for 70 pips but no decent TC signal. See the irony here Col?:

Other Forex: watch these patterns for any new trend line breakouts.

EUR/USD 4hr:

AUD/USD 4hr: this chopped around yesterday and so I’ve revised the 4hr trend lines. Watch today with AUD data:

NZD/USD 4hr: ditto. Watch today with GDT data:

AUD/JPY 4hr:

GBP/USD 4hr: consolidating but note the great 3R TC signal that was on offer here:

GBP/USD 4hr:

GBP/USD 15 min:

GBP/JPY 4hr: consolidating here too above 150:

GBP/AUD 4hr: consolidating here below 1.70:

GBP/NZD 4hr: 

EUR/NZD 4hr: consolidating here below the major bear trend line:

AUD/NZD 4hr: consolidating here near 1.10:

USD/CNH 4hr: 

Oil 4hr: