Interesting close to the week and mostly flat until the US session. US Dollar Index broke out strongly in the end. Here’s the US Dollar Index intraday with market directional lines:
As usual on the Sunday report, we will review the action from Thursday night/Friday (loser and winner in GBPUSD); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES then look through the daily charts heading into the new week (nothing special); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES then look at the US Dollar Index daily chart, which broke a key level this week.
GBPUSD:
Triggered short at A and stopped. Came back in the morning just in time to re-enter at B, hit first target at C, closed final piece at D for about a 60 pips average winner after a 25 pip average loser:
