Thurs 21st Aug
USD Index: this has stalled now ahead of the Jackson Hole Symposium:
TC Signals: The three TC signals have yielded up to 215 pips now.
E/U: has moved on to give up to 100 pips:
E/J: has now closed above the daily 200 EMA. This TC signal has delivered up to 50 pips:
A/J: had a pull back during the Asian session and bounced off the key 96 level. A weekly candle close above 96 would be bullish:
Other FX
Cable: this seems to have made a bearish breakdown from the trading channel. GBP Retail Sales data was weak but price is refusing to fall too far at the moment:
U/J has stalled under the psychological 104 level:
Loonie: has pulled back to just under the 1.10 level:
GBP/CHF: no trend line ‘Bull Flag’ breakout yet:
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