US$ teetering but TL breakout trades continue

The US$ continues to teeter above a 3-year support trend line keeping some FX pairs in check but there have been three trend line breakout trades that have delivered many pips. The Forex breakout trades are shown in this post but those on the Stock index charts can be found in thispost.

USDX: still below 100 and only just holding above the 3-year support trend line:

USDX daily:

USDXdaily

USDX weekly:

USDXweekly

Trend line breakout trades: three have triggered on the GBP/NZD, EUR/AUD and EUR/NZD.

GBP/NZD: has given 180 pips:

G/N 4hr: this was the chart yesterday morning, before the breakout:

GN4hr

G/N 4hr: the chart today:

GN4hr2

G/N 15 min: there was a great 15 min chart TC LONG signal as well:

GN15min

EUR/AUD 4hr; price has kicked on 200 pips since the triangle breakout:

EA4

EUR/NZD: price has kicked on 360 pips since the triangle breakout:

E/N 4hr:

EN4hr

E/N 15 min: there was a great 15 min chart TC LONG signal here too:

EN15min

Others:

GBP/JPY: a breakout may be underway here too:

G/J 4hr:

GJ4hr

G/J 5 min: there were two decent TC LONG signals off the 5 min chart here yesterday:

GJ5min

EUR/USD daily: watch for any daily chart triangle breakout:

EUdaily

EUR/JPY: watch for any daily chart triangle breakout here too:

EJdaily

AUD/USD 4hr: watch for any 4hr chart triangle breakout with today’s AUD CPI:

AU4

AUD/JPY 4hr: watch for any continuation here:

AJ4

NZD/USD 4hr: watch for any 4hr chart triangle breakout:

Kiwi4

USD/JPY 4hr: watch for any continuation here too:

UJ4

GBP/USD 4hr: a breakout starting here?

GU4

GBP/AUD 4hr: watch for any 4hr chart wedge breakout:

GA4

USD/CNH 4hr: watch for any 4hr chart triangle breakout:

USDCNH4hr

USD/TYR 4hr: choppy…so I’ve re-drawn the trend lines. Thus, watch for any 4hr chart triangle breakout:

USDTRY4hr

USDTRY4hr

USD/MXN: that 19 level keeps attracting price action and has done so again!

USD/MXN 4hr:

USDMXN4hr

USD/MXN 15 min: this only gave one valid TC signal BUT what a good one! 1,700 pips in this move!

USDMXN15min

USD/ZAR 4hr: I had Tweeted about watching this pair for any reaction / bounce up from the 61.8% fib. Not a bad idea as it gave a bounce of 1,800 pips. Hope you caught some of it Rick!

USDZAR4hr3

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