The DJIA and S&P500 pushed to new highs on Monday but the US$ dipped which helped to triggers some of the wedge breakouts. Today brings the RBA rate update so watch to see how this impacts the AUD$.

Data:

DXY 4hr: no Bull Flag it seems so watch to see if price dips below the 4hr Cloud:

Trend line breakouts:

GBP/USD: a new wedge b/o.

G/U 4hr: a TL b/o for 70 pips:

G/U 30 min: note how waiting for an Asian range b/o would have helped short-term traders here:

S&P500 4hr: heading to 4,100?

EUR/USD 4hr: a wedge TL b/o for 40 pips:

USD/JPY: a small TL breakdown so watch 110 for any new make or break.

U/J 4hr: a TL b/o for 40 pip:

U/J 30 min: another one for short-term traders:

Gold 4hr: watch for any new push higher:

Other markets:

AUD/USD 4hr: drifting higher ahead of today’s RBA rate update:

AUD/JPY 4hr: consolidating ahead of today’s RBA rate update:

NZD/USD 4hr: drifting higher with US$ weakness::

GBP/JPY 4hr: holding above 153: