There hasn’t been a lot of change since yesterday’s update apart from support for GBP pairs on the back of upbeat jobs data. Most charts show consolidation activity on low or declining momentum.
Data: Watch today with the RBNZ rate update on Remembrance Day / Veterans Day.
Earnings:
CSI daily: note how the GBP is hot on the heels of the NZD:
DXY daily: an indecision day near the recently broken trend line:
Trend line breakouts:
GBP/USD 4hr: a TL b/o above 1.32 for up to 70 pips BUT watch 1.33 for any new make or break:
GBP/JPY 4hr: this TL is up to 280 pips BUT watch 140 for any new make or break:
Other markets:
S&P500 4hr: consolidating on low momentum BUT watch 3,550 for any new make or break:
ASX-200 4hr: consolidating on low momentum BUT watch 6,400 for any new make or break:
Gold 4hr: consolidating on low momentum BUT watch $1,875 for any new make or break:
EUR/USD 4hr: consolidating on low momentum BUT watch 1.18 for any new make or break:
AUD/USD 4hr: consolidating on low momentum BUT watch 0.73 for any new make or break:
AUD/JPY 4hr: consolidating on low momentum BUT watch 77 for any new make or break:
NZD/USD 4hr: consolidating on low momentum BUT watch 0.68 for any new make or break; especially with today’s RBNZ rate update: