Trading Week: April 15 & AUD in focus today

Tue 15th April (8 pm)

Gold: My Gold candle has just updated BUT the TS signal, just received, is not valid as price is outside the Bollinger band:

Others:
A/J: still 'Flag' like:

Cable: strong GBP data has lifted the Cable:

Tue 15th April (4.55 pm)

USDX: is continuing to bounce off support. This is starting to hurt Gold and Silver. 

Gold: has broken down from the trading channel and is trying to form a new TS signal:

Silver: is testing trend line support and also trying to form a new 4 hr TS signal: 

Tue 15th April (4.45 pm)

EUR/AUD: This TS signal has now closed out for a loss. I had warned against this prior to RBA but, none the less, I'm noting it on my spreadsheet as a loss of -40 pips:

No new TS signals anywhere yet. I suspect traders are waiting to see if the S&P500 holds again tonight. A breach of daily support might tip the broader markets into 'risk off'.

Tue 15th April (8 am)

I'm just back from a walk and hereby declare Canberra the most unfriendly city in Australia! Anyway, this song came across my playlist and I thought it might be some inspiration for the Aussie today.

Tue 15th April (6.30 am)

Strong US retail sales data helped to give US stocks a bounce but it will be the RBA and AUD in focus today. 

Indices: the USDX has bounced up from the support of the 79 region:

EURX: is 'between a rock and a hard place'! Something will have to give soon. This is a major monthly chart triangle bull trend line though so will offer strong support BUT a breach could be very ugly: 

S&P500: Stocks have traded higher today on the back of the strong retail sales data. Note on the 30 min chart how there was buying right into the close.  

S&P500 30 min:

S&P500 daily: some are calling that this is the start of a huge correction and it may well be BUT I still want to see the daily trend line broken first before being convinced of any move in that direction. This support is holding for now:

S&P500 Ichimoku: bounce came off the bottom of the daily Cloud:

AUD pairs: The AUD pairs are the most interesting for me at the moment. The RBA release their Monetary Policy minutes later this morning and traders will be looking for any softening of the recent 'talking down' of the AUD:

A/U: above the 0.94 S/R:

A/J: loitering under the 'Bull Flag' trend line:

EUR/AUD: this did end up triggering a new TS signal off my 11 pm candle last night. I'd be waiting until after RBA though in case the AUD is 'talked down':

GBP/AUD: close to a new TS signal but, as for the E/A, wait until after RBA:

AUD/NZD: watching for any push up to the 1.09 'neck line' 

Others:

E/U: holding up pretty well for the moment:

E/J: no triangle break yet: 

Cable: holding above the monthly 200 EMA for now: 

Kiwi: also holding above the support of the monthly chart triangle trend line:

U/J: no triangle break here yet either:

Silver: this is managing to hold on to small gains despite a rising USD:

Gold: also holding up well despite a rising USD. Watch for any bullish break and hold above the daily 200 EMA. I consider this would suggest the weekly 200 EMA would be the next target: 

NB: I am traveling home today and will update when I can.