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Trend lines ahead of Jackson Hole Summit

There hasn’t been a lot of change since yesterday but here are trend lines to watch for any new reaction to news AFTER the Federal Reserve Jackson Hole Summit.

 

Data: Watch for any market reaction to the Jackson Hole Symposium:

 

DXY weekly: still consolidating ahead of the Fed Summit:

 

Markets:

S&P500 4hr: revised trend lines BUT watch 4,500 for any new make or break:

 

ASX-200 4hr: revised trend lines so watch for any new b/o:

 

EUR/USD daily: note the look of a bullish-reversal Descending Wedge here BUT watch for any new TL b/o: up or down:

 

AUD/USD 4hr: note the reaction at the 61.8% Fib! Watch for any new TL b/o:

 

AUD/JPY 4hr: note the reaction at the 61.8% Fib! Watch for any new TL b/o:

 

GBP/USD 4hr:  THis also reacted at the 61.8% Fibonacci BUT watch revised TL for any new b/o:

 

NZD/USD 4hr: note the reaction at the 61.8% Fib! Watch for any new TL b/o:

 

GBP/JPY 4hr:  Watch revised TL for any new b/o: