Back to the markets with a weekend recap of major events and the US$

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Happy Sunday traders! Enough of fooling around and let's get back to the markets this upcoming week. Winter is coming!

Lets see what has and will influence the market in the short-term.

• NZ elections were on Saturday. The Financial Times states:
  "New Zealand’s next government will be negotiated behind closed doors after an election on Saturday failed to deliver a clear mandate to any party". Link here. Uncertainty should be bearish for the currency.
• German parliamentary elections today. Will influence EUR and DAX
• North Korea's foreign minister calls Trump "a mentally deranged person full of megalomania" Bloomberg
• US bombers fly near North Korea, setting up for another stock market rally ;)

And now the tech picture

DXY, the US $ index has pressure building to the upside. Looking for the weakest currency against the dollar and then short it.

EURUSD daily. We're stalling in the channel and RSI is dropping like a rock but caution with EUR pairs - German elections will influence the markets in shortterm.

EURJPY weekly. Getting interesting in the shortterm, neverthelss, dont jump in without toppish confirmation, these wedges tend to run up to a point of crazyness.

STEEMBTC. I still like the Bittrex chart of STEEM the best, because of the cleanest lines and most pronounced peaks. Call it what you will, The Tightening, The Quickening :)

Thanks for reading. Market commentary and opinions are welcomed in the comments. Enjoy your weekend!

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