US$ weakness has continued and so has stock strength so much so that the S&P500 is closing in on its all time higher, circa 3,400, that was set back in February this year. USD-based FX pairs have been buoyed on this US$ weakness and the Cable remains near the weekly 200 EMA ahead of today’s BoE rate update.

Data: watch today with NZD Inflation Expectations and the BoE rate update.

Earnings:

DXY 4hr: note the potential Double Bottom here near 92.50 so watch this for any new make or break:

Trend line breakouts

Gold: the run continues:

Gold 4hr: this TL b/o is now at $75:

Gold 30 min: the original 15 min signal evolved to 5R:

EUR/USD 4hr: a new TL b/o here for 90 pips BUT watch for any Double Top activity:

AUD/JPY 4hr: this has been dragged along with stocks for 70 pips:

Other markets:

S&P500 4hr: watch for any push to 3,400:

AUD/USD 4hr: watch 0.72 for any new make or break:

NZD/USD 4hr: watch 0.67 for any new make or break: especially with today’s with NZD Inflation Expectations:

GBP/USD 4hr: watch the weekly 200 EMA for any new make or break; especially with today’s BoE rate update:

USD/JPY 4hr: watch the monthly 200 EMA for any new make or break: