There has been little change across most charts ahead of a day with lots of data. Today brings AUD Employment data and the SNB and BoE rate updates. I can’t help feel though that we might in for a bit of risk-off movement especially as Covid-19 continues to rise in many parts of the USA.
Earnings: I’ll be interested to see how Smith & Wesson perform!
DXY daily: no significant breakout yet:
Trend line breakout:
USD/JPY 4hr: a small b/o here so watch for any push to the recent Low. Is this JPY strength a hint of more to come?
Other markets: most charts looking as they were yesterday but watch for any risk-off shift:
S&P500 4hr: watch for any trend line momentum breakout:
ASX-200 4hr: watch 6,000 and the support trend line for any momentum breakout:
Gold 4hr: watch for any trend line momentum breakout:
EUR/USD 4hr: watch 1.12 and the Flag trend line for any momentum breakout:
AUD/USD 4hr: watch 0.69 and the support trend line for any momentum breakout:
AUD/JPY 4hr: watch 74 and the support trend line for any momentum breakout:
GBP/USD 4hr: watch for any momentum trend line breakout; especially with today’s BoE rate update:
NZD/USD 4hr: Check the ADX here!!! Watch 0.65 and the support trend line for any momentum breakout:
GBP/JPY 4hr: watch for any momentum trend line breakout; especially with today’s BoE rate update: