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SP500 creeps to new high

The S&P500 crept to a new closing high despite the US pause with some vaccine roll out. The US$ index and Treasury Yields closed lower for the day which has helped support the Bull Flags on some FX pairs. Keep an eye on US Earnings to see how market sentiment unfolds from here.

 

Data: watch the Kiwi today with the RBNZ rate update:

 

Earnings:

 

DXY daily: lower for the day but still a potential Bull Flag:

 

Markets:

S&P500 4hr: anew closing High BUT watch 4,150 as this is near the 61.8% weekly extension so could prove to be a challenge for the index:

 

ASX-200 4hr: a Bull Flag?

 

Gold 4hr: watch $1,750 for any new make or break:

 

EUR/USD 4hr: watch 1.20 for any new make or break:

 

AUD/USD 4hr: watch this wedge TL for any new make or break:

 

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

 

NZD/USD 4hr: watch this wedge TL for any new make or break; especially with today’s RBNZ update:

 

GBP/USD 4hr: watch TL for any new make or break:

 

USD/JPY 4hr: a small TL b/o BUT watch 109 for any new make or break:

 

GBP/JPY 4hr: watch 150 and TL for any new make or break: