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US$ edging higher

The US$ has edged higher to start this shortened trading week but, apart from a dip with Gold, there hasn’t been a whole lot of change to the chart ideas issued in my weekend update. The weekly wedges are still intact of the EUR/USD, AUD/USD, NZD/USD and GBP/USD.

 

Data: no high impact data today:

 

DXY weekly: the index is higher to start the week. Watch for any push to test the previously broken 10-yr trend line:

 

DXY daily: bullish for Monday:

 

Trend line breakouts:

Gold 4hr: weaker with the stronger US$ so watch $1,700 for any new make or break:

 

Other markets:

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

 

ASX-200 4hr: ditto:

 

EUR/USD 4hr: the over-all wedge is unchanged although the smaller triangle has been adjusted. Similar adjustments apply to the Aussie, Kiwi and Cable:

 

Other charts: little changed since w/e update.