USD strength still shaping FX moves by Mary McNamara

This is just a brief chart update ahead of key GBP and EUR rate news. I head OS tomorrow and so updates will be brief and less frequent until mid next week.

 TC Signals:

E/U still heading south ahead of ECB news. Up 120 pips now:

EU4

Swissie: still up around 90 pips BUT has run into trend line resistance:

Swissie4hr

U/J: still heading north:

UJ4

Kiwi: getting down near major 0.77 support:

Kiwi4

USD index: this continues to track higher but has not printed a 4 hr close above the 89 just yet:

USDX4

Other FX:

E/J: no triangle breakout yet:

EJ4

A/U: weaker and below major support now. This looks like it will head to 0.80 at least:

AU4

AUmonthlyCloud

GBP/USD: still hovering near the 61.8% fib ahead of interest rate news:

GU4

GBP/JPY: moving higher still:

GJ4hr

Loonie: choppy ahead of tonight’s CAD PMI but there is a lot of high impact CAD and USD data still to come this week:

Loonie4hr

Silver: not moving too far at the moment:

Silver4hr

Gold: ditto here:

Gold4hr

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