DAX H8
We pushed almost as high at 16000 before seeing a slight rejection, corrections possible, infact another test of 15700 isn't out of the question. Simple longs from this support zone again if this is the case.
16000 being quite a prominent psychological resistance price. We have a void of 285 pips to take us up to our major resistance and ultimate TP.
DJ30 H4
Sell zone is still very much active from this 34250 price. We often see multiple tests from these zones, so setting limits and banking 1R or 2R at a time could be a good idea, therefore playing with profits, before catching the big swing we are looking for.
DXY H4 - Big dump on the dollar seen yesterday during the overlap session, big data points causing the dollar to fall off, in line with softer inflation figures, PPI figures and retail figures, yet again. Certainly going to be an interesting one at the next FOMC Press conference. Hoping to grab some more ***USD longs this week.
DXY H4 - Break and retest play seen here on the dollar index around that 105.00 handle. We are hoping to see deeper rejections from this price leading into US CPI figures and also FED interest rate and press conference later on in the week.
The general outlook seems to be a weaker dollar on the basis inflation is starting to cool and central backs are starting to...
DXY H4
Here goes the dollar support break we have been anticipating, expecting USD bears and therefore gold bid and cable bid today.
We must be aware of the housing figures etc for the USD later on today, some short lived effects likely.
