AUD starting to move a bit:
A/U 4 hr: drifting a bit higher:
A/J 4 hr: has drifted out of the trading channel but has not triggered a new TS signal. A break and hold above the $96 would be bullish though:
AUD/NZD: I'm waiting for a daily close above the 1.09 'neck line':
Kiwi: a bit higher too but still channel bound:
Stocks: I have updated my Stocks:April page. A few stocks are looking quite bullish.
Tue 22nd April (7.30 am)
The news is...... that there is no news. No new momentum moves anywhere just yet.
Indices: the USDX is still having a hard time getting up past the monthly pivot and 4 hr 200 EMA region. Success with that venture might trigger some movement:
USDX:
EURX: getting squeezed as it coils within the triangle pattern. ECB President Draghi speaks on Thursday and this might trigger a breakout here:
S&P500: drifted higher with no real news in light trading:
S&P500 daily: the daily support trend line is still intact but we will probably start to see some 'triple top' nerves set in if price gets back up near the previous highs:
S&P500 Ichimoku: still above the Cloud for now:
Gold: has held up pretty well given the position of the USD and the daily chart 'inverse H&S' is still viable for the moment:
Gold daily:
Gold 4 hr
Silver: fell yesterday but found support at the major monthly chart support trend line:
Silver 4 hr:
Silver monthly:
Forex:
E/U: still trading near the 61.8% fib level from the 2011-2012 bear move:
E/U 4 hr:
E/U daily:
E/U weekly:
Kiwi: The Kiwi broke down through a daily support trend line but it is now trading within a descending channel and this is giving the daily chart a bit of a 'Bull Flag' look. The monthly pivot and 4 hr 200 EMA is helping to support price here for now but I'm watching for any break of this support. The daily chart of the AUD/NZD has me thinking that the Kiwi might be in store for a bit of a pull back BUT I'm not seeing it yet:
Kiwi 4 hr:
Kiwi daily:
Kiwi weekly: I noted over the w/e how the Kiwi may have formed a bearish 'Railway Track' pattern. I am still keeping an eye out for any bearish follow through here:
AUD/NZD: this is still trading just under the 'neck line' of the daily chart's inverse H&S pattern:
E/J: still bouncing along within the daily chart's triangle pattern:
E/J 4 hr:
E/J daily:
Aussie: still range bound within a trading channel:
A/J: ditto:
Cable: still 'planking' along the 1.68 level:
U/J: is still struggling at the monthly 200 EMA. A close above this would be bullish though:
GBP/JPY: the same applies here too!
EUR/AUD: drifting sideways:
GBP/AUD: ditto:
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