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US Dollar & Gold in focus due to The US-Iran Tensions
It was a case of 'what a difference a day makes' last session. The US-Iran situation, which was shrugged off on Monday, came back into focus for Tuesday. It was not quite so clear cut though; there were flows into the US$, Gold and the Yen but out of Bonds. This shift triggered some small trend line breakouts and there are revised charts with new trend lines to monitor, but, caution is needed in the current jittery geo-political climate. Data: Watch today with AUD Building Approvals and US ADP NFP data. DXY: still range-bound in a potential Bull Flag: DXY weekly: still a potential Bull Flag: DXY daily: watch 97.15 ... (full story)