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US$ and Yields march on

The US stock majors continue to stutter under their all-time Highs but US Treasury yields and the US$ have marched higher which has put pressure on Gold and some FX pairs. Interestingly, the Aussie and Kiwi are holding up relatively well.

 

Data: a bit to watch today with AUD Building Approvals, CNY data, EUR CPI  and US private jobs data, ADP NFP:

 

DXY daily: higher again so keep watch for any push to test the previously broken 10-yr support TL:

 

TNX: 10 Yr Treasury Yields continue to march higher which is helping the US$. Watch for any push to 1.85 as this is the weekly chart’s 50% Fib and a recent reaction zone:

TNX daily: the Bull Flag looks to be playing out:

 

TNX weekly: watch for any push to the 50% and 61.8% fib levels:

 

Trend line breakouts:

Gold 4hr: this is weaker with the stronger US$ so watch $1,670 for any support::

 

EUR/USD: weaker with the stronger US$ as well.

E/U 4hr: a TL b/o for 50 pips:

 

E/U 30 min: note how this would have been a decent one to stalk for Asian b/o traders:

 

E/U 4hr: revised TL to monitor with 1.17 S/R now in focus::

 

USD/JPY 4hr: a small TL b/o but watch for any push to 111:

 

Other markets:

S&P500 4hr: choppy but watch for any new TL b/o:

 

ASX-200 4hr: ditto:

 

AUD/USD 4hr: a bit weaker with the stronger US$ but holding up relatively well:

 

AUD/JPY 4hr: ditto

 

NZD/USD 4hr: ditto:

 

GBP/JPY 4hr: ditto