The stock rally has paused ahead of key US inflation data due out later today. Gold is higher though and has broken up through the multi month bear trend line but the EUR/USD remains near 1.16.

NB: there won’t be any update on Friday of this week.

Data: US CPI in focus today:

DXY daily: consolidating ahead of US CPI data BUT watch for any new momentum breakout:

Markets:

S&P500 4hr: consolidation ahead of CPI as well:

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

Gold 4hr: a new TL b/o for up to $10:

EUR/USD 4hr: watch 1.16 and for any new momentum based TL b/o:

AUD /USD 4hr: watch 0.74 and for any new momentum based TL b/o:

AUD /JPY 4hr: watch 83 and for any new momentum based TL b/o:

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

GBP/USD 4hr: watch 1.36 for any new momentum based b/o:

USD/JPY 4hr: watch for any push to 112.30 S/R:

GBP/JPY 4hr: watch 153 for any new momentum based b/o: