The announcement of the first case of Omicron on US soil sent US stock markets lower last session. The US$ is little changed, rather surprisingly, and so there hasn’t been much change to the chart patterns across the FX pairs I monitor.
Data:
DXY daily: little changed with an Inside candle day:
S&P500 4hr: sharp losses after Omicron announced on US soil:
ASX-200 4hr: watch 7,200 and TL for any new b/o; especially with today’s AUD Retail Sales and Trade Balance data:
Gold 4hr: watch $1,770 and TL for any new b/o:
EUR/USD 4hr: watch 1.13 for any new b/o:
AUD/USD 4hr: watch 0.71 and TL for any new b/o; especially with today’s AUD Retail Sales and Trade Balance data:
Other charts: little changed from previous update.