US$ weakness remains as the DXY struggles at the resistance from the top of the daily Cloud. This has helped to develop the trend line breakouts that triggered yesterday. Stocks are weak ahead of today’s first US Presidential debate.
Data: Watch today with CNY manufacturing and Non-Manufacturing PMI data, the US Presidential debate, an ECB Largarde speech and US GDP data.
Earnings:
DXY daily: still struggling at the daily Cloud so keep watch for any new make or break:
Trend line breakouts:
Gold 4hr: this TL b/o is now at $40 BUT watch the $1,900 level for any new make or break:
EUR/USD 4hr: this TL b/o is now at 90 pips BUT watch the 4hr 200 EMA for any new make or break:
AUD/USD 4hr: this TL b/o is now at 100 pips:
AUD/JPY 4hr: this TL b/o is also at 100 pips:
NZD/USD 4hr: this TL b/o is now at 40 pips BUT watch the 0.66 level for any new make or break:
GBP/USD 4hr: this TL b/o is still at 150 pips BUT keep watch of the 7-month TL for any new make or break:
GBP/JPY 4hr: this TL b/o is still at 150 pips BUT watch the 136 level for any new make or break:
S&P500 4hr: pulled back ahead of the first US Presidential debate:
Other markets:
ASX-200 4hr: watch the revised trend lines for any new breakout:
USD/JPY 4hr: ditto: