US stocks are edging higher ahead of a big week of tech earnings. The US$ is a bit higher to start the week which has pressured the EUR/USD but not much else. The charts are little changed but keep watch for momentum based trend line breakouts.
Data:
Earnings: Facebook to report after market close today:
DXY weekly: a bit higher to start the week:
Trend line breakouts:
S&P500 4hr: holding above 4,550 for up to 18 points:
ASX-200 4hr: holding above 7,400 for up to 70 points:
EUR/USD 4hr: weaker with the stronger US$ BUT note the CURRENT hold above 1.16:
Others:
Gold 4hr: holding up well in spite of the higher US$:
AUD/USD 4hr: ditto so watch 0.75 for any new b/o:
AUD/JPY 4hr: watch 85 for any new b/o:
NZD/USD 4hr: watch TL for any new b/o:
Other charts: little changed from w/e update.