What a week! This has been one of the better examples of decent trending markets due to FX Index alignment in a long time! Many of the moves have exhausted themselves now however but, no surprises there and this means there are new patterns to monitor ahead of next week. The pip tally from all of the breakouts this week so far comes to over 2,400 pips but I do realise many of these were from aligned moves. However, it also means there were plenty of pips available to harness and all from patterns posted here last week before the moves kicked in!
Data: It is a holiday for us Aussies but data today includes GBP Prelim GDP, US GDP & Core Durable Goods with speeches from BoE Gov Carney and BoJ Gov Kuroda.
USDX weekly: a rather bearish week thus far:
Trend line breakout trades and TC signals:
Gold 4hr: this peaked at 250 pips and note the revised trend lines to watch for any new breakout:
EUR/USD 4hr: this also peaked at 250 pips and note the revised trend lines to watch for any new breakout:
USD/JPY 4hr: this peaked at 200 pips and note the revised trend lines to watch for any new breakout:
GBP/USD 4hr: this peaked at 340 pips and note the revised trend lines to watch for any new breakout:
AUD/USD 4hr: this peaked at 100 pips and note the revised trend lines to watch for any new breakout:
NZD/USD 4hr: this peaked at 85 pips and note the revised trend lines to watch for any new breakout:
Oil 4hr: this peaked at 250 pips and note the revised trend lines to watch for any new breakout:
GBP/AUD 4hr: this peaked at 350 pips are hitting the 61.8% fib region I had been stalking. Note the revised trend lines to watch for any new breakout:
GBP/NZD 4hr: this peaked at 340 pips are hitting the weekly 200 EMA:
EUR/AUD 4hr: this peaked at 100 pips are hitting the major 1.55 region again!
EUR/NZD 4hr: this is up 160 pips on a relatively new breakout:
Other:
ASX-200 4hr: revised trend lines here:
BTC/USD daily: still watching for any momentum-based trend line breakout: