There has been little movement across most FX pairs and I suspect the wait for Wednesday’s FOMC might be the reason. High Impact data today includes US Consumer Confidence and a BoE Gov Carney speech but watch also with second tier AUD Consumer Confidence and EUR, French and Spanish GDP.
USDX weekly: the index has paused at the weekly 50% fib ahead of FOMC:
USDX daily: watch for any bounce to target the daily chart’s 61.8% fib as this is up near previous S/R of 92.50:
Forex: keep watch for any momentum-based trend line breakouts:
Gold 4hr:
Oil 4hr:
BTC/USD daily:
EUR/USD 4hr:
EUR/JPY 4hr:
AUD/USD 4hr:
AUD/JPY 4hr:
NZD/USD 4hr:
GBP/USD 4hr: I would expect 1.40 to be at least tested here. Any deeper pullback would have me looking to the 4hr chart’s 61.8% fib that is near the 4hr 200 EMA:
USD/JPY 4hr:
GBP/JPY 4hr: lower but the move was choppy:
