Further changes on the matrix. CHF and GBP now on 13, then with a distant gap to two currencies on 8 points (weakening EUR and stable NZD). Then, JPY is strengthening (on 6), USD on 5 with AUD and CAD being very weak.
Some news today from UK (9.30) and the US (3pm) and Draghi speaking at 2pm.
However, a lot of the focus remains on the situation in the Ukraine. There has been a lot of flight to safety with JPY (primary) and CHF (secondary) being the main benefactors. USD has also had some safe-haven appreciation but not as much. Equity markets are falling. Gold had a nice up gap on Sunday night and has been rallying back to its previous highs above $1,340.
FX-STAM setups: reviewed and nothing set up on FX pairs.
FX-S3 setups: reviewed all currency pairs. Took trade on EURAUD (short) – see comments above.
Equities: The US markets, the Nikkei and the DAX are now retracing rather strongly on the Ukraine situation. I will now need to wait for bullish price action on the 4H chart before going long on the indices with S1B or S2B environments.
Gold: still in S1B – gapped up on Sunday $1,325 to $1,338 on Sunday night. Note that it did briefly fall below $1,320 on Friday, but now it is rallying strongly, presumably on the basis of Ukraine-related safe-haven demand. Unfortunately this did not set up any further, following the losing S1B trade I took on Thursday.