This is how I am seeing the 4hr charts setting up ahead of today’s AUD Retail Sales and Monetary Policy Statement, US NFP and CAD Employment and Trade Balance data.
USDX: watch for any possible make or break at 92.50 with today’s NFP:
Forex charts: the GBP fell with the BoE announcement and so the charts here look rather different:
GBP/USD: one of the 4hr trend lines was broken but price found support at the second:
GBP/USD 4hr:
GBP/USD 5 min: too fast for TC to catch on even the 5 min chart:
GBP/USD 4hr: the revised 4hr chart:
GBP/JPY: a break of TL but it was too fast for the 5 min chart here as well:
GBP/JPY 4hr:
GBP/JPY 5 min: and 1:1 R
GBP/JPY 4hr: revised 4hr chart:
GBP/AUD 4hr:
G/A 4hr:
G/A 4hr: the revised chart:
GBP/NZD 4hr:
G/N 4hr:
G/N 4hr: the revised chart:
EUR/USD 4hr: revised trend lines:
EUR/JPY 4hr: ditto:
AUD/USD 4hr:
AUD/JPY 4hr: watch this if stocks start to pullback:
NZD/USD 4hr: revised trend lines here:
USD/JPY 4hr: still a bit of a bullish descending wedge here:
EUR/AUD 4hr: watch the 1.50 level for any new make or break:
EUR/NZD 4hr: watch the 1.60 for any new make or break:
CAD/JPY 4hr: watch today with CAD data:
USD/CAD 4hr: watch today with CAD data:
Commodities:
Gold 4hr: watch the trend lines here with NFP and as the US$ teeters above 92.50 support:
Oil 4hr: some 4hr trend lines here to watch:
