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Just keep going

The Federal Reserve have kept rates steady and the markets have responded in a ‘just keep going’ mode. The US$ is weaker and the risk-on bias remains in play ahead of Friday’s end of month.

 

Data: Watch today with US GDP and Weekly Unemployment data.

 

Earnings: another day of big names reporting:

 

DXY daily: weaker again so watch whole-numbers ahead of Friday’s end of month:

 

Trend line breakouts:

Gold 4hr: watch for any push to $2,000 ahead of end of month:

 

EUR/USD 4hr: a new breakout here so watch this multi-year TL ahead of end of month:

 

GBP/USD 4hr: this TL b/o is now up to 200 pips so watch 1.30 for any new make or break:

 

Other markets:

S&P500 4hr: watch for any push to 3,300:

 

ASX-200 4hr: watch for any push above 6,000:

 

AUD/USD 4hr: watch 0.72 for any new make or break:

 

AUD/JPY 4hr: watch trend lines for any new make or break:

 

NZD/USD 4hr: watch 0.67 for any new make or break:

 

USD/JPY 4hr: watch 105 for any new make or break: