FX: defined by lack of momentum: TC

There has been little change across the FX charts since my w/e update but the main point to note is the lack of momentum across many of the FX 4hr charts; as seen by the low ADX. Keep an eye out for any shift in this state though by watching for any ADX rise above the 20 threshold. However, there was little scheduled news during the last 24 hours and little over the next 24 so be wary of any low volume/low momentum fake out moves. The 4hr FX charts are shown below:

USDX:

E/U:

E/J:

A/U:

A/J:

Kiwi:

Cable:

U/J:

G/J:

G/A:

G/N:

E/A:

E/N:

USD/CNH:

USD/TRY:

USD/SEK:

CAD/JPY:

USD/CAD:

Commodities:

Gold:

Silver:

Oil:

ASX-200:

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