The markets are digesting the latest FOMC update where US interest rates are forecast to remain low through to 2022. This news has not helped the US$ but it has helped Gold and the tech heavy NASDAQ has closed above 10,000 for the first time. So, for now, US$ weakness remains the theme.

NB: recall I am away for the next few days so updates will be brief and few.

Data: Watch today with US PPI data.

Earnings:

DXY daily: still a bit of a wedge formation BUT watch for any push to 95 S/R:

Trend line breakouts:

Gold 4hr: this TL b/o is now at $40 so watch for any push to $1,750:

USD/JPY 4hr: this TL b/o is now at 220 pips BUT watch 107 for any new make or break:

Other markets:

NDX 4hr: this is the NASDAQ-100 index but this, and the NASDAQ comp index, have broken the 10,000 level. Recall the NASDAQ-100 index is made up of approx 100 of the largest non-financial companies from the NASDAQ composite:

SPX 4hr: consolidating near 3,200 so watch for any new momentum-based TL b/o:

ASX-200 4hr: consolidating above 6,000 so watch for any new momentum-based TL b/o:

EUR/USD 4hr: watch the 1.140 level for any new momentum breakout:

AUD/USD 4hr: looks like this has started a new momentum breakout:

AUD/JPY 4hr: watch the 75 level for any new momentum breakout:

NZD/USD 4hr: looks like this has started a new momentum breakout too:

GBP/USD 4hr: watch trend lines for any new momentum breakout: