Trend lines in focus: FX & Indices

Here are some charts to consider for any momentum-based trend line breakout opportunity.

E/U 4hr: Bull Flag?

A/U 4hr: watch out with the RBA Gov Lowe speech later today:

A/J 4hr: ditto here:

Kiwi 4hr: as per my post from this morning, watch for any make or break at 0.72:

U/J 4hr: still looks like a bullish-reversal descending wedge to me:

GBP/JPY 4hr: new trend lines here as a previous technical breakout earlier in the week already gave 120 pips:

Gold 60 min: I discussed this pair earlier today. Keep a close eye on the $1,250 level:

EUR/NZD 4hr: this has already broken out after this morning’s post:

GBP/NZD 4hr: watch for any daily candle breakout above this bear trend line. My longer-term thoughts for this pair with any trend line breakout were posted back here:

GBP/USD 15 min: Consolidating ahead of BoE Carney speech later today:

USD/TRY 15 min: Consolidating here too.

USD/CNH 15 min: this has already broken up and out of a channel:

DAX 15 min:

S&P500 15 min:

DJIA 15 min:

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