The Kiwi continues to lead the charge of all the currencies and this, as well as the S&P500 were the only real b/o moves last session. The US$ is approaching significant resistance again so watch this region for any new make or break.
NB: Please recall that I am away for this weekend and updates will be brief. There will not be an update tomorrow, Friday 13th November.
Data: Watch today with GBP prelim GDP, US CPI data and speeches from ECB Lagarde, BoE Gov Bailey and Fed Chair Powell..
Earnings:
CSI daily: the NZD$ continues its /o move:
DXY 4hr: watch the recently broken 10-yr trend line for any new make or break. Note how this level is near the 4hr chart’s 61.8% fib for added confluence:
New TL breakouts:
NZD/USD 4hr: a TL b/o for 55 pips BUT watch 0.69 for any new make or break:
S&P500 4hr: a TL b/o to the upside here BUT watch 3,600 for any new make or break:
Other markets:
ASX-200 4hr: edging higher:
Gold 4hr: edging lower:
EUR/USD 4hr: lower on the day so watch revised trend lines for any new b/o:
AUD/USD 4hr: watch revised trend lines and 0.73 for any new b/o:
AUD/JPY 4hr: watch revised trend lines and 77 for any new b/o:
GBP/USD 4hr: watch revised trend lines and 1.32 for any new b/o:
GBP/JPY 4hr: watch revised trend lines for any new b/o:
