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Some currencies on the move

The US$ index remains range-bound but some Forex pairs have started to move. The GBP/JPY, that was profiled yesterday, has bounced off the trend line and 140 is back in focus.

 

Data: there is no high impact data scheduled for today.

 

Earnings:

 

DXY 4hr: still range-bound on low momentum BUT watch for any move back into the 4hr Cloud:

 

Trend line breakout moves:

GBP/JPY: this has bounced off support and gave a great move after the Asian session; following my video update from yesterday.

GBP/JPY 4hr: this has bounced off the support trend line so watch 140 now for any new make or break:

 

GBP/JPY 30 min: note the great range-breakout move last session!

 

EUR/USD 4hr: a new breakout here:

 

AUD/USD 4hr: a new breakout here above 0.72 so watch the weekly 200 EMA for any new make or break:

 

AUD/JPY 4hr: a new move above 76 so watch for any push to 77 S/R:

 

NZD /USD 4hr: a new breakout here so watch the 7-yr TL for any new make or break:

 

GBP/USD 4hr: a new breakout here above 1.31 so watch the weekly 200 EMA for any new make or break:

 

S&P500 4hr: this TL b/o is now at 50 points:

 

Other markets:

ASX-200 4hr: watch the revised trend lines for any new b/o:

 

Gold 4hr: low momentum here so watch the revised trend lines for any new b/o:

 

USD/JPY 4hr: starting to look ready to move SO watch the trend lines for any new b/o: