FX: quiet start to the week: By Mary McNamara

With little high impact data for Monday and Tuesday it’s been a fairly quiet start to the week. There has been one exceptions with some NZD weakness triggering a couple of small breakouts. The US$ index has barely moved though and, as I wrote in my w/e analysis, I’m waiting for a decisive move here to shape the next period of potential FX trends. There is CNY Trade Balance to watch today in the Asian session.

USDX: watch to see how the index breaks from the weekly 200 EMA and 92.50 level:

Trend line breakouts: the first two pairs triggered trend line breakouts but without new TC signals off the 15 min charts.

NZD/USD 4hr: a move for just 55 pips but note the 61.8% fib support here:

EUR/NZD 4hr: an 80 pip move and note the break back above key 1.60 S/R. This is the level to watch now for any new make or break:

USD/CAD 4hr: not a new breakout this week but still worth watching for any test of 1.30, as per my w/e write up.

Other FX: most of the charts are pretty similar to the ones posted over the w/e so I’ve only posted a few:

E/U 4hr: watch the 1.18 level and triangle trend lines for any new breakout:

E/J 4hr:

AUD/USD 4hr: watch with CNY data today:

AUD/JPY 4hr:

GBP/USD 4hr:

USD/JPY 4hr:

GBP/JPY 4hr:

Gold 4hr: going sideways so I’ll be watching if this evolves into a Bull Flag!

Oil 4hr:

ASX-200 4hr: getting rather interesting as it flirts back at the 5,800 level:

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