US$ still pegged but lots of great TL b/o trades

The US$ is higher but still pegged by the 102 resistance level for the time being. Despite this prevarication there have been a number of trend line breakouts on FX and Stock Index charts I had been stalking.

USDX daily: price action has cleared the daily Cloud but the 102 S/R level remains a hurdle. Any break and hold above 102 would affirm the case for US$ Bulls and void the potential H&S:

Breakout Trend Trades:

USD/CAD 4hr: has now delivered 160 pips. Watch with CAD GDP today:

USD/TRY 4hr: has now delivered 800 pips:

AUD/JPY: has given 50 pips. The 15 min chart shows how this move would have been best picked up on the previous day:

A/J 4hr:

A/J 15 min:

NZD/USD 4hr: has given 80 pips although momentum is low so I’d be wary about expecting much bearish follow through just yet:

GBP/USD: the support trend line finally gave way for a move worth 130 pips but the 15 min chart shows how the start of this this breakdown, during the late Tuesday US session, could have been caught with a new TC signal as well. Watch today with GBP Construction PMI. Keep an eye on the 61.8% fib, near 1.226, and then the whole-number 1.20 level as potential support levels:

G/U 4hr:

G/U 15 min:

G/U daily: watch for any support from the 61.8% fib near 1.226 and then the 1.20 S/R level:

USD/JPY 4hr: this breakout has given up to 120 pips:

GBP/AUD: this trend line gave way too for a 120 pip move and this, too, could have been well caught by a 15 min new TC signal:

G/A 4hr:

GA 15 min:

EUR/NZD 4hr: choppy but spiked up 100 pips:

The following breakout moves come from stock index charts. I had posted some charts prior to the Trump speech showing consolidation patterns forming up on their 4hr chart time frame. The 15 minute charts below show how new TC signals triggered with eventual trend line breakouts from these patterns:

DJIA: gave a 280 point move:

S&P500: gave a 28 point move:

NASDAQ: gave 50 points:

FTSE: gave 100 points:

DAX: gave 180 points:

Other Forex:

Gold 4hr: still in a Flag for now:

EUR/USD 4hr: still in a daily triangle for now. Watch, though, if the US$ index breaks & holds above 102 as this would be bearish for this pair:

AUD/USD 4hr: adjusted trend lines due to lack of momentum:

GBP/NZD 4hr: still in a triangle:

EUR/AUD 4hr: adjusted trend lines here too:

USD/MXN: as warned about in my w/e analysis, the bear trend line and 20 region were challenging resistance and price has retreated from these levels. The 15 min chart would have been some help for those stalking any retreat move:

USD/MXN 4hr:

USD/MXN 15 min:

Oil daily: consolidating in a Flag:

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