1

RBA day

The DXY is a bit lower to start the week and this has enabled some mean-reversion type movement across currencies, as can be seen on my Currency Strength Indicator chart. The RBA meet today so watch to see how this impacts the XJO and AUD pairs.

 

Data:

 

DXY weekly: watch the weekly 200 EMA for any new make or break:

 

CSI 4hr: some mean reversion underway:

 

Trend line breakout:

GBP/USD 4hr: a small b/o for 60 pips but watch the TL for any new b/o:

 

Gold 4hr: a small TL b/o BUT watch $1,770 for any new make or break:

 

Other markets:

S&P500 4hr: watch 4,300 and TL for any new make or break:

 

ASX-200 4hr: watch 7,200 and TL for any new make or break:

 

EUR/USD 4hr: watch the TL and weekly 200 EMA for any new make or break:

 

AUD/USD 4hr: watch 0.73 and the 4hr 200 EMA for any new make or break:

 

AUD/JPY 4hr: watch 81 and TL for any new make or break:

 

NZD/USD 4hr: watch TL for any new b/o:

 

USD/JPY 4hr: watch TL for any new b/o:

 

GBP/JPY 4hr: watch TL and 151 for any new b/o: