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Stocks march higher

Risk-on sentiment continued last session with the DJIA closing above the whole-number and psychological 30,000 for the first time. The US$ looks like it could be starting to weaken so keep watch of the next support level for any new make or break.

 

Data: There is a lot of US$-sensitive data so watch for any impact on the DXY:

 

Earnings: not a lot to see out the week:

 

DXY daily: the bottom trend line looks likely to give way so watch 91.75 for any new make or break:

 

CSI daily: note the USD weakness:

 

Trend line breakouts:

S&P500 4hr: the Bull Flag delivered for 50 points:

 

Gold 4hr: this TL b/o is now at $65 but watch $1,800 for any new make or break:

 

AUD/JPY 4hr: this TL b/o is now at 80 pips but watch 77 S/R for any new make or break:

 

GBP/JPY 4hr: this TL b/o is now at 170 pips but watch the 40-yr TL for any new make or break:

 

USD/JPY 4hr: this TL b/o is still at 80 pips but watch for any push to 105:

 

ASX-200 4hr: this keeps marching higher so watch 7,000 for any new make or break:

 

Other markets:

EUR/USD 4hr: watch trend lines and 1.19 for any new make or break:

 

AUD/USD 4hr: watch trend lines and 0.74 for any new make or break:

 

GBP/USD 4hr: watch for any push to 1.35:

 

NZD/USD 4hr: watch trend lines and 0.70 for any new make or break:

 

USD/CAD daily: watch trend lines and 1.30 for any new make or break: