The US$ is a bit lower to start the week but remains range-bound for the time being. This weakness has boosted Gold and the commodity currencies making them look quite bolshy. There isn’t any High impact news scheduled today but watch for any impact from AUD Business Confidence and EUR ZEW Economic Sentiment data.

Data:

DXY daily: lower but holding near 90 and within the triangles. Note the lack of momentum:

Markets:

SPX 4hr: struggling at the all-time High region on low momentum:

ASX-200 4hr: watch for any new TL b/o:

Gold 4hr: watch $1,900 for any new make or break:

EUR/USD 4hr: watch 1.22 for any new make or break:

AUD/USD 4hr: watch for any push to 0.78:

AUD/JPY 4hr: watch for any new TL b/o:

NZD/USD 4hr: watch for any push to 0.73:

GBP/USD 4hr: watch for any push to 1.42:

USD/JPY 4hr: watch for any new TL b/o:

GBP/JPY 4hr: watch 155 and for any new TL b/o: