Wed 28th May (5.40 pm)

Indices: the USDX has continued to track higher:

EURX: not bowing to pressure just yet:

Forex: there has been a bit of movement with some pairs today. No new 4 hr chart TC signals though which continues to be frustrating:

E/U: watch for any close and hold below the daily 200 EMA, as per my w/e analysis:

E/J: drifting lower to the triangle trend line:

E/J 4 hr:

E/J daily: I had mentioned a few weeks ago when this made a bearish break from a previous triangle that the daily 200 EMA might be a target. This is still 120 pips or so away:

A/U: very choppy:

A/U 4 hr:

A/U daily: as per my w/e notes: watch out for any break, close and hold below the 0.9225 ‘Double Top’ neck line level. Any bearish follow through may conform to the technical script here and fall back to test the 0.905 level, giving a 180 pip move:

A/J: ditto here:

Cable: keep an eye out for any reaction if price gets back down as far as the monthly 200 EMA. This is a major S/R level:

Kiwi: drifting lower:

GBP/JPY: drifting down to support too: 

G/J 4hr

G/J daily: any close and hold below the triangle trend line here might suggest bearish follow through. Watch for any reaction around this support level:

U/J: stalling a bit:

EUR/AUD: not a lot of movement here though:

GBP/AUD: this didn’t give a TC signal but was a reasonable triangle break trade:

AUD/NZD: this is moving back up to a key S/R level:

A/N 4 hr:

A/N daily: watch for any close and hold above the 1.09 level:

Indices: the USDX keeps tracking higher: