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: