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US$ dipping?

The US$ is dipping BUT is still within the support zone of the daily Cloud. However, this latest bit of weakness has helped trigger some new breakouts. The final US Presidential Debate is scheduled for Thursday night USA time, if it goes ahead, so watch this event for any impact on risk sentiment and the US$.

 

Data: Watch today for any impact from a BoE Gov Bailey speech and US Weekly Unemployment Claims.

 

Earnings: some more big names report on Thursday.

 

CSI daily: still range-bound.

 

DXY daily: price has broken below the support trend line and below the daily Cloud AND the ADX is edging up. Watch the bottom of the Cloud for any new make or break:

 

Trend line breakouts:

GBP/USD:

GBP/USD 4hr: a TL b/o for up to 160 pips:

 

GBP/USD 15 min: a decent range b/o was available here in the late Europe session:

 

EUR/USD 4hr: a TL b/o for 80 pips:

 

GBP/JPY 4hr: a TL bo for 60 pips but watch 138 for any new make or break:

 

Gold 4hr: keep watch of the $1,900 level:

 

USD/JPY 4hr: a TL b/o for 80 pips but watch 105 for any new make or break:

 

Other markets:

S&P500 4hr: very low momentum here but is a Bull Flag brewing?

 

ASX-200 4hr: a Bull Flag here too?

 

AUD/USD 4hr: watch TL for any new b/o:

 

AUD/JPY 4hr: watch TL for any new b/o:

 

NZD/USD 4hr: watch TL for any new b/o: