The S&P500 and the US$ index have yet to take any new direction from FOMC and seem to need time to digest the implications of the Fed Chair Powell statement. There are two rate updates today from the BoJ and BoE, as well as Aussie Employment data, so watch to see if any of these items get things moving.

Data: watch today with AUD Unemployment data, the BoJ rate update, the BoE rate update and USD weekly Unemployment and Hosing starts data..

Earnings:

DXY daily: no clarity here yet:

Trend line breakouts:

GBP/USD 4hr: this was one I had warned to watch for any mean reversion! Watch 1.30 for any new make or break; especially with today’s BoE rate update.

USD/JPY 4hr: this one goes to show how taking a trend line b/o and sticking with it can pay off:

Other Markets:

ASX-200 4hr: watch for any push to 6,000 S/R:

S&P500 4hr: watch revised trend lines for any new b/o:

Gold 4hr: the long shadows reflect the indecision here! Watch for any new TL b/o:

AUD/USD 4hr: watch for any new b/o; especially with today’s AUD Unemployment data:

GBP/JPY 4hr: watch 136 and the revised trend lines for any new b/o; especially with today’s BoJ and BoE rate updates.