US Retail Sales came in better than expected which helped to boost the US$ and this, in turn, helped to develop weakness in both Gold and the EUR/USD; moves that started at the end of the Asian trading session. The DXY remains within the weekly triangle but keep watch for any momentum breakout.
US Retail Sales data:
Data:
DXY
DXY weekly: still range bound:
DXY daily: higher on the back of strong US Retail Sales data:
Trend line breakouts:
Gold:
Gold 4hr: chart from last update:
Gold 4hr: chart today after $30 b/o:
Gold 30 min: a great Asian range b/o opportunity here for up to 3.6 R:
EUR/USD:
EUR/USD 4hr: chart from previous update:
EUR/USD 4hr: chart today after 50 pip b/o:
EUR/USD 30 min: a great Asian range b/o opportunity here for up to 3.5 R:
Other markets:
S&P500 4hr: watch revised TL for any new b/o:
ASX-200 4hr: watch revised TL for any new b/o:
AUD/USD 4hr: watch revised TL for any new b/o:
AUD/JPY 4hr: watch 80 for any new make or break:
Most other charts are little changed.