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Data boosts US$

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.