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Earnings continue to enthuse

Upbeat earnings helped to lift stocks last session with the DJIA printing a new high and the S&P500 fast approaching its previous all-time high. The US$ remains weak which is helping to fuel a classic-style risk on environment.

 

Earnings: more big names reporting today:

 

Data:

 

DXY weekly: still stuck in the Cloud:

 

Trend line breakouts:

S&P500 4hr: this TL b/o is now at 60 points BUT watch the previous high for any new make or break:

 

ASX-200 4hr: watch for any push up to 7,450:

 

EUR/USD 4hr: this TL b/o is still at 50 pips BUT watch the 4hr chart’s 200 EMA for any new make or break:

 

AUD/USD 4hr: this TL b/o is now at 120 pips BUT watch 0.75 for any new make or break:

 

AUD/JPY 4hr: this TL b/o is now at 90 pips BUT watch 86 for any new make or break:

 

NZD/USD 4hr: this TL b/o is now at 100 pips BUT watch 0.72 for any new make or break:

 

GBP/JPY 4hr: this TL b/o is now at 120 pips BUT watch 158 for any new make or break:

 

Other markets:

Gold 4hr: watch for any new TL b/o:

 

GBP/USD 4hr: watch 1.38 for any new make or break:

 

USD/JPY 4hr: watch 114 for any new make or break: