Little change ahead of Inauguration

There has been little change to most charts to start the week due to the Monday US holiday and things may remain a bit quiet until after the Inauguration.


Data: not much on today:


DXY daily: slowing down as resistance lies ahead:


Trend line breakout:

GBP/JPY: just a small breakdown below 141:

GBP/JPY 4hr: a small TL b/o worth 60 pips and suitable for scalpers mostly:


GBP/JPY 15 min: scalpers may have scored a bit of this action:


GBP/JPY 4hr: revised trend lines:


Other markets:

GBP/USD 4hr: revised TL here too:


Gold 4hr: revised TL here too:


USD/CAD daily: this wedge continues to build:


Other charts: similar to those in weekend post.