US$ helping some breakouts: By Mary McNamara

The US$ has continued to weaken and this has helped to trigger some new trend line breakouts on a number of FX pairs. Data today includes GBP Employment data and lots of second tier EUR PMIs. It is day 2 of the WEF as well.

USDX weekly: this Bear Flag is developing:

Trend line breakouts and TC signals:

GBP/AUD 4hr: this is now at 150 pips but watch the 1.75 level for any new make or break:

Oil 4hr: a new breakout for just 70 pips but watch the potential Double Top region for any new make or break:

Other Forex: many FX pairs look to be embarking on trend line breakouts so watch for continuation moves:

Gold 4hr: a small breakout thus far but watch the potential Double Top region for any new make or break:

EUR/USD 4hr: a small breakout thus far but watch the potential Double Top region and monthly 200 EMA for any new make or break:

EUR/JPY 4hr:

AUD/USD 4hr: watch the 0.80 for any new make or break:

AUD/JPY 4hr: a small breakout thus far but watch the 87 region for any new make or break:

NZD/USD 4hr: a small breakout thus far:

GBP/USD 4hr: watch the 1.40 level for any new make or break; especially with today’s GBP Employment data:

USD/JPY 4hr: a small breakout thus far but watch the potential Double Bottom region and 110 level for any new make or break:

GBP/JPY 4hr:

GBP/NZD 4hr: watch the 1.90 level:

EUR/AUD 4hr: keep an eye on the key 1.55 level:

EUR/NZD 4hr: keep an eye on the key 1.675 level:

ASX-200 4hr: a small breakout thus far but I’m watching for a longer-term move up to 6,800:

BTC/USD daily:

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