1

Calm before Earnings

There has been little change across most instruments as market participants wait for clues with this week’s big batch off tech earnings. Keep watch for any new momentum-based trend line breakouts.

 

Data:

 

Earnings:

 

DXY weekly: a bearish start to the week ahead of FOMC:

 

Trend line breakouts:

GBP/USD:

GBP/USD 4hr: watch for any continued push higher:

 

GBP/USD 30 min: this move was better suited to scalpers after the Asian session:

 

Markets:

S&P500 4hr: creeping higher:

 

ASX-200 4hr: watch 7,400 for any new make or break:

 

Gold 4hr: watch $1,800 for any new make or break:

 

EUR/USD 4hr: watch 1.18 for any new make or break:

 

AUD/USD 4hr: watch 0.74 for any new make or break:

 

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

 

NZD/USD 4hr: watch 0.70 for any new make or break:

 

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

 

GBP/JPY 4hr: watch the 4hr 200 EMA for any new b/o: