FOMC is over so here is how I am seeing the charts in the wash up. The drill remains the same: watch for any new momentum-based trend line breakout.
Bluehost Server problems: I am still having significant server problems caused by my hosting company. I have persisted with posting a full article today but may need to revert to sending out PDF updates if Bluehost don’t fix this problem. I am trying to get Bluehost to correct the problems they have created.
Data:
Earnings:
DXY daily: the DXY is lower and momentum is declining so I have revised the trend lines here:
Markets:
S&P500 4hr: watch for any new TL b/o:
ASX-200 4hr: watch for any new TL b/o:
Gold 4hr: watch for any new TL b/o:
EUR/USD 4hr: this wedge looks like it will keep going. Note how 1.18 was tested again last session.
AUD/USD 4hr: watch for any new TL b/o:
AUD/JPY 4hr: watch for any new TL b/o:
NZD/USD 4hr: watch for any new TL b/o:
GBP/USD 4hr: watch 1.39 for any continued TL b/o:
USD/JPY 4hr: watch for any new TL b/o:
GBP/JPY 4hr: watch 153 for any continued TL b/o: