It has been a steady start to the week as investors wait for some big US names to report earnings this week. The charts are not very different from the w/e update BUT the S&P500 and EUR/USD are both holding up well and edging higher.
PayPal update: I am still trying to sort the suspensions triggered by PayPal.
Data:
Earnings: some big names reporting this week:
DXY weekly: holding near the weekly 200 EMA and under 95 S/R:
Markets:
S&P500 4hr: note the late move above 4,475:
ASX-200 4hr: still consolidating BUT watch for any new b/o especially with today’s Monetary Policy Meeting Minutes:
Gold 4hr: chopping sideways so trend lines revised:
EUR/USD 4hr: low momentum BUT above the 1.16 so watch to see if price can break above the weekly 200 EMA:
Other charts: little changed from w/e update.