The S&P500 and NASDAQ have crept to new highs, the fifth consecutive day of doing so, ahead of the Federal Reserve Summit. The US$ has been down each day this week but watch to see how Summit news might impact here.

Data:

DXY weekly: still consolidating ahead of the Fed Summit.

Trend line breakouts:

S&P500 4hr: this TL b/o is now at 70 points BUT watch 4,500 for any new make or break:

EUR/USD 4hr: this TL b/o is now at 65 pips BUT watch the daily chart’s bear TL for any new make or break:

AUD/USD 4hr: this TL b/o is now at 130 pips BUT watch the 61.8% fib for any new make or break:

AUD/JPY 4hr: this TL b/o is now at 140 pips BUT watch the 61.8% fib for any new make or break:

NZD/USD 4hr: this TL b/o is at 75 pips:

GBP/USD 4hr: messy but watch for any push to the 1.38 level:

GBP/JPY 4hr: a new TL b/o 70 pips BUT watch the 61.8% fib for any new make or break:

Other markets:

ASX-200 4hr: drifting on low momentum so trend lines revised:

Gold 4hr: a bit weaker, despite the lower US$:

USD/JPY 4hr: choppy on low momentum: