There hasn’t been a lot of FX breakout movement other than with one-cross pair I monitor. There were some short term trades off two stock indices but, other than that, most charts are as they were in my w/e post.
Data: watch today with CNY Industrial Production, GBP CPI, USD PPI and speeches from the ECB President Draghi, BoJ Gov Kuroda, BoE Gov Carney and Fed Chair Yellen.
USDX weekly: watch for any breakout from the Flag:
EURX weekly: ditto:
TC Trades:
ASX-200 15 min: a 2R trade triggered overnight following the break of a trend line. Keep an eye on the 6,000 level here but I expect choppiness around this major S/R level for a bit:
DJIA 15 min: there was a 2R trade here as well using TC:
EUR/NZD: there was a 2R trade off the 15 min chart here as well:
E/N 4hr: there has been continuation of this breakout:
E/N 15 min: a 2 R trade using TC overnight following the previous trend line breakout:
Other FX:
GBP/USD 4hr: keep these trend lines in focus with tonight’s GBP data and speeches:
