One more sleep until Jackson Hole!

The chop-fest continues on many FX pairs ahead of tomorrow’s much anticipated Jackson Hole. I urge caution until after this event. 

EURX daily: has stuck its head above the Flag TL and monthly 200 EMA. Watch for any follow-through. Caution is needed ahead of, and with, Jackson Hole though:

USDX daily: range-bound:

Trend line breakout trades:

EUR/NZD 4hr: now at 300 pips after rejecting 1.60 support:

EUR/AUD 4hr: this gave a new breakout since yesterday for 80 pips. Watch the 1.50 level though:

NZD/USD: this has now given up to 120 pips and note the support at 0.72. I had Tweeted about this level yesterday as one to watch.

NZD/USD 4hr:

NZD/USD 15 min: this TC signal reached 5R:


Other FX:

EUR/USD 4hr: watch for any breakout here:

Gold 4hr: watch TL here too:

Silver 4hr: ditto:

Oil 4hr: ditto:

GBP/USD 4hr: weaker but watch today with GBP Second Estimates GDP.

Most other FX pairs as per my previous update.

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