There has been choppy price action across the charts with most showing a lack of direction following the Monday holiday in the US and UK. Today brings Aussie GDP data but this chop could well continue until Friday’s US NFP.
Data:
DXY daily: still no breakout:
Markets:
S&P500 4hr: still hovering near 4,200:
ASX-200 4hr: still hovering under 7,200:
Gold 4hr: still hovering near $1,900:
EUR/USD 4hr: still hovering near 1.22:
AUD/USD 4hr: still consolidating in a triangle:
AUD/JPY 4hr: still hovering near 85 and consolidating in a triangle:
NZD/USD 4hr: still consolidating in a triangle:
GBP/USD 4hr: still hovering near 1.42:
USD/JPY 4hr: still hovering under 110:
GBP/JPY
GBP/JPY 4hr: has pulled back from 156:
GBP/JPY 15 min: this move would have been one able to be caught by short-term traders as the 15 min chart reveals: