Markets pause

It is almost like someone hit the pause button on most trading instruments today. The US$ index has shaped up with another indecision daily candle and that kind of sums up a lot of things.


Data: watch today with AUD Employment data and US Philly Fed Manufacturing Index data.




DXY daily: indecision as the index rests above support.


Trend line breakouts:

USD/JPY 4hr: this TL b/o is now at 70 pips but watch for any push to the recent low:


NZD/USD 4hr: a TL b/o above 0.69 so watch for any push to 0.70:


ASX-200 4hr: this move higher continues so watch for any push to 6,600:


S&P500 4hr: a break of TL support BUT watch 3,550 for any new make or break:


Other markets:

Gold 4hr: drifting below $1,900:


AUD/USD 4hr: watch for any new TL or 0.73 b/o with today's AUD Employment data update:


Most other charts as per the last update.