The DJIA paused under the 30,000 level ahead of Thanksgiving and there hasn’t been much movement elsewhere either. Weekly US jobs data was disappointing and Covid cases continue to surge across the USA giving traders plenty of reason to pause.
NB: There won’t be a Friday update due to the quieter trading with Thanksgiving.
Data: not a whole lot of scheduled news to see out the week:
DXY daily: the index has broken the recent support trend line BUT watch the recent Low, near 91.75 for any new make or break:
CSI daily: note the break below support for the USD:
Markets:
S&P500 4hr: consolidating near all time High:
ASX-200 4hr: consolidating under the 7,000 S/R level:
Gold 4hr: holding above $1,800 for now:
EUR/USD 4hr: above 1.19 so watch for any continuation:
AUD/USD 4hr: watch for any push to 0.74:
AUD/JPY 4hr: watch 77 for any new make or break:
NZD/USD 4hr: watch 0.70 for any new make or break:
GBP/USD 4hr: watch for any push to 1.35:
USD/JPY 4hr: watch for any push to 105:
GBP/JPY 4hr: watch 140 for any new make or break: