The US$ and Gold remain range-bound and I had warned this situation might remain until after the US Presidential is decided. The NZD/USD is the only mover of note from last session but it hasn’t gone very far. I think traders would be best waiting until after next week’s election. However, shorter-term traders might like to keep an eye on the AUD/USD wirth today’s CPI data release and in the wake of the RBA Governor suggestion the Australian Covid-induced recession is over!
Data: Watch today with AUD CPI data and the BoC rate update.
Earnings: some big names report on Wednesday.
CSI daily: no breakout yet:
DXY daily: nor here:
Markets:
S&P500 4hr: choppy near 3,400:
ASX-200 4hr: watch for any support from the 6,000 region:
Gold 4hr: still range-bound on low momentum:
NZD/USD 4hr: watch 0.67 and the weekly 200 EMA for any new make or break:
AUD/USD 4hr: watch trend lines for any new breakout; especially with today’s AUD CPI data:
Other charts: little changed from recent posts.