1

EUR/USD stuck near 1.16 ahead of ECB

There are two central bank updates today but the ECB will be the one more keenly watched. The EUR/USD remains near 1.16 and this is the level to watch for any new make or break. There are also some huge US names reporting on Thursday with Apple and Amazon reporting after market close.

 

Data:

 

Earnings:

 

DXY weekly: holding below the weekly 200 EMA:

 

Markets:

S&P500 4hr: back testing the 4,550 previous b/o level so watch this for any new make or break:

 

ASX-200 4hr: back testing the 7,400 level so watch this for any new make or break:

 

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

 

EUR/USD 4hr: holding near the 1.16 level so watch this for any new make or break:

 

AUD /USD 4hr: holding near the 0.75 level so watch this for any new make or break:

 

AUD /JPY 4hr: holding under the 86 level so watch this for any new make or break:

 

NZD/USD 4hr: there are revised trend lines due to the low momentum as price holds under the 0.72 level so watch this for any new make or break:

 

GBP/USD 4hr: holding above the daily 200 EMA / 1.37 level BUT very little momentum so watch these for any new make or break:

 

USD/JPY 4hr: holding under the 114 level so watch this for any new make or break:

 

GBP/JPY 4hr: holding under the 137 level so watch this for any new make or break: