Stocks continued their recovery last session but there hasn’t bee a whole lot happening across on FX given the US$ continues to hold near 89.70 support. There is a lot of data today so watch for any new momentum-based trend line breakouts.
Data: lots of second tier data as well as EUR PMIs to monitor:
Earnings:
DXY daily: the 89.70 seems to be the level to watch:
Trend line breakout:
EUR/USD 4hr: watch for any push to 1.23:
Other markets:
S&P500 4hr: watch for any new TL b/o:
ASX-200 4hr: watch for any new TL b/o:
Gold 4hr: watch for any new TL b/o:
AUD/USD 4hr: watch for any new TL b/o:
AUD/JPY 4hr: maybe a wedge shaping up here? AKA Bull Flag? So watch for any new TL b/o:
GBP/USD 4hr: watch 1.42 and for any new TL b/o:
NZD/USD 4hr: watch 0.72 and for any new TL b/o:
USD/JPY 4hr: watch for any new TL b/o:
GBP /JPY 4hr: drifting along BUT watch for any push to 155: