The US$ remains under pressure despite the batch of upbeat US data released during last session. US stocks moved higher and the US$ weakness helped trigger a new breakout on Gold and to develop those in play on some FX pairs.

 

Upbeat US data last session:

 

Data:

 

DXY 4hr: watch for any TL b/o:

 

Trend line breakouts:

Gold: watch $1,770 for any new make or break.

Gold 4hr: a TL b/o for $20

 

Gold 30 min: note the great Asian breakout opportunity here for short-term traders:

 

ASX-200 4hr: the Bull Flag got going in the end for 80 points:

 

EUR/USD 4hr: this TL b/o is at 200 pips BUT watch 1.20 for an new make or break:

 

AUD/USD 4hr: this TL b/o is at 120 pips BUT watch 0.78 for an new make or break:

 

AUD/JPY 4hr: this TL b/o is still at 80 pips:

 

NZD/USD 4hr: this TL b/o is at 130 pips BUT watch 0.72 for an new make or break:

 

USD/JPY 4hr: this TL b/o is at 60 pips BUT watch 108.50 for an new make or break:

 

Other markets:

S&P500 4hr: heading to 4,200?

 

GBP/USD 4hr: watch 1.38 and for any new TL b/o:

 

GBP/JPY 4hr: watch 150 and for any new TL b/o: