Market sentiment received a boost to start the week following FDA approval of the Pfizer vaccine. This shift back to risk-on kept the US$ in check and helped to trigger some trend line breakout opportunities.

 

Data:

 

DXY weekly: a soft start to the week and ahead of Jackson Hole:

 

Trend line breakouts:

BTC/USD daily: the $51,000 is looming here:

 

S&P500 4hr: a TL b/o for around 50 points so watch 4,500 for any new make or break:

 

EUR/USD 4hr: a TL b/o for around 45 pips so watch the daily chart’s bear wedge TL for any new make or break:

 

AUD/USD:

AUD/USD 4hr: a TL b/o for around 55 pips so watch for any push to 0.73:

 

AUD/USD 30 min: a range breakout trade opportunity was available here:

 

AUD/JPY 4hr: a TL b/o for around 50 pips so watch for any push to 80:

 

GBP/USD:

GBP/USD 4hr: a TL b/o for around 80 pips so watch for any push to 1.38:

 

GBP/USD 30 min: a range breakout trade opportunity was available here:

 

 

GBP/JPY 4hr: a small TL b/o for around 30 pips so watch for any push to 151:

 

NZD/USD:

NZD/USD 4hr: also higher so watch 0.69 for any new make or break:

 

NZD/USD 30 min: a range breakout trade opportunity was available here:

 

USD/JPY 4hr: looking weak here:

 

Other markets:

ASX-200 4hr: watch for any new TL b/o:

 

Gold 4hr: watch for any new TL b/o: