It’s been a choppy start to the week with the US$ index continuing to receive support from the weekly 200 EMA. Caution is needed in this Thanksgiving holiday week.
USDX weekly: keep an eye on this Bear Flag for any follow-through:
USDX daily: for mow though, the weekly 200 EMA continues to support price and this remains the level to watch for any new make or break:
EURX weekly: no clear cut breakout here just yet:
TC signals: despite the overall choppiness the few TC signals that did trigger in the overnight session were all winners bar one:
Gold 15 min: two signals but the first was a loss:
USD/JPY 15 Min: just 1.5 R for now but it is still going:
GBP/JPY 15 min: a 3 R trade here:
ASX-200: There has been a breakout from the Bull Flag (posted on Twitter yesterday):
ASX-200 15 min: a low risk set up has yielded 2.6 R.
ASX-200 4hr: watch for any follow-through here:
Other Forex charts: some revised trend lines below:
GBP/USD 4hr: watch with Inflation Report hearings today: