Support for the US$ faded on Thursday and this means the US$ index remains within the resistance of the daily Cloud. Most charts are little changed and look to be in holding patterns ahead of Friday’s batch of high impact data. The one exception was the Cable which popped and triggered a decent breakout.

 

Data: watch for any impact from the numerous PMIs:

 

DXY daily: still stuck in the daily Cloud:

 

% Stocks >200 MA weekly: watch for any turn here:

 

Trend line breakouts:

GBP/USD:

G/U 4hr: this trend line breakout gave over 100 pips:

 

G/U 15 min: waiting for a TL and Cloud b/o would have helped scalp traders here!

 

Markets:

S&P500 4hr: watch for any new TL b/o:

 

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

 

Gold 4hr: watch $1,770 for any new TL b/o:

 

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

 

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

 

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

 

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

 

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

 

GBP/JPY 4hr: watch 148 for any new TL b/o: