The US$ has continued to weaken and this has helped to trigger some new trend line breakouts on a number of FX pairs. Data today includes GBP Employment data and lots of second tier EUR PMIs. It is day 2 of the WEF as well.
USDX weekly: this Bear Flag is developing:
Trend line breakouts and TC signals:
GBP/AUD 4hr: this is now at 150 pips but watch the 1.75 level for any new make or break:
Oil 4hr: a new breakout for just 70 pips but watch the potential Double Top region for any new make or break:
Other Forex: many FX pairs look to be embarking on trend line breakouts so watch for continuation moves:
Gold 4hr: a small breakout thus far but watch the potential Double Top region for any new make or break:
EUR/USD 4hr: a small breakout thus far but watch the potential Double Top region and monthly 200 EMA for any new make or break:
EUR/JPY 4hr:
AUD/USD 4hr: watch the 0.80 for any new make or break:
AUD/JPY 4hr: a small breakout thus far but watch the 87 region for any new make or break:
NZD/USD 4hr: a small breakout thus far:
GBP/USD 4hr: watch the 1.40 level for any new make or break; especially with today’s GBP Employment data:
USD/JPY 4hr: a small breakout thus far but watch the potential Double Bottom region and 110 level for any new make or break:
GBP/JPY 4hr:
GBP/NZD 4hr: watch the 1.90 level:
EUR/AUD 4hr: keep an eye on the key 1.55 level:
EUR/NZD 4hr: keep an eye on the key 1.675 level:
ASX-200 4hr: a small breakout thus far but I’m watching for a longer-term move up to 6,800:
BTC/USD daily:
