The US 10 yr Yield was higher on Tuesday and this put pressure on the tech-heavy NASDAQ. The US$ is little changed though and, apart from the continued moves on Gold and the USD/JPY, there isn’t much change on other charts I monitor. The NZD/USD will be in focus today with the RBNZ rate update. There is US GDP to monitor later so watch to see if this data item gets the DXY moving again.

Data:

DXY daily: watch for any impact from US GDP:

Trend line breakouts:

Gold:

Gold 4hr: this TL b/o is now up around $55:

Gold 30 min: note how there was another great range b/o opportunity here:

USD/JPY 4hr: this TL b/o is now at 70 pips:

Other charts:

S&P500 4hr: watch 4,700 for any new make or break:

ASX-200 4hr: watch 7,400 for any new make or break:

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:

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

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