The US$ continues to creep higher but stocks received a boost as Oil pricing recovered. Gold is also higher and gave a new Bull Flag breakout from yesterday’s chart pattern.
Data: Watch today with lots of PMI data from AUD, EUR, GBP and USD regions.
Earnings: Earnings results are helping lift stocks so keep an eye on the bigger names this week:
DXY daily: creeping higher but on low momentum:
Trend line breakouts:
Gold 4hr: a $25 b/o from this Flag:
Other Markets:
S&P500 4hr: an up day but on declining momentum. Watch for any new 4hr chart trend line breakout:
Oil 4hr: seems to be finding some base
ASX-200 4hr: declining momentum here too but watch for any new 4hr chart trend line breakout:
EUR/USD 4hr: revised trend lines as momentum declines:
AUD/USD 4hr: seems to be shaping up in a Flag:
AUD/JPY 4hr: seems to be shaping up in a Flag here too:
NZD/USD 4hr: watch for any TL b/o:
GBP/USD 4hr: watch for any TL b/o:
USD/JPY 4hr: watch for any 108-107 channel b/o:
GBP/JPY 4hr: watch for any TL b/o: