The US$ has rallied on the back of upbeat US data and has broken out of the recent 4hr triangle and above the 97 S/R level. This has had the obvious drag on the EUR/USD, Aussie Kiwi and Cable with some TC signals and trend line breakouts but the moves have been rather small.

NB: updates will be brief over the Easter weekend.

 

Data: there is little today given it is Good Friday.

USDX 4hr: a breakout above 97 and from the triangle so watch the previous High for any new make or break:

 

Trend line breakouts and TC Signals

EUR/USD: some weakness here with weak EUR data and upbeat US data but the sharp drop precluded a decent TC signal.

EUR/USD 4hr: watch the 1.12 for any new make or break:

 

EUR/USD 15 min: a sharp drop meant too large a Stop.

 

NZD/USD: a trend line breakout and small TC signal.

NZD/USD 4hr: 60 pips thus far and watch for any push to 0.66:

 

NZD/USD 15 min: a 35 pip move but it was worth 3 R:

 

GBP/USD: similar here with a trend line break and small TC signal.

GBP/USD 4hr: 60 pips thus far but watch for any push to 1.28:

 

GBP/USD 15 min: not a great TC signal with resistance in the face of it:

 

Gold 4hr: still holding near the daily 200 EMA:

 

Other Markets:

Oil 4hr: chopping sideways under $65:

 

ES 15 min: still negotiating the 2,900 level:

 

AUD/USD 4hr: watch the 61.8% fib and 4hr 200 EMA for any new make or break:

 

AUD/JPY 4hr: watch the support trend line for any new make or break:

 

USD/JPY 4hr: watch the 112 level for any new make or break:

 

GBP/JPY 4hr: watch the 145 level and support trend line for any new make or break: