The US$ traded a bit higher to start the week following weaker than expected CNY data and the disturbing situation unfolding in Afghanistan. Despite this, the S&P500, which had dipped in early Futures trade, recovered to close at a new high. The risk-off shift during the Asian session resulted in some Yen strength which helped to develop the weakness on Yen pairs. The DXY remains range bound on low momentum so watch to see if today’s US Retail Sales triggers any significant reaction.

Data:

Earnings:

DXY weekly:

Trend line breakouts:

GBP/JPY 4hr: this TL b/o has extended for 200 pips BUT watch for any push to the 61.8% Fibonacci:

AUD/JPY: this was weaker too BUT watch the 80 level for any new make or break.

AUD/JPY 4hr: 75 pips but watch 80 for any new make or break.

AUD/JPY weekly: check out the importance of the 80 level on this weekly time frame:

USD/JPY 4hr: weaker here too so watch for any push to 109 S/R:

Markets:

S&P500 4hr: a dip during the Asian session but, then, a recovery:

ASX-200 4hr: watch for any potential Bull Flag:

Gold 4hr: watch for any new TL b/o:

EUR/USD 4hr: ditto:

Other charts: little changed from w/e update.