Risk appetite was buoyed last session following the positive print of US weekly jobs data and this seems to have boosted optimism about Friday’s monthly jobs report. The US$ closed lower helping Gold and the commodity currencies.

 

Data: Watch for any impact from today’s NFP:

 

Earnings:

 

DXY daily: watch to see if NFP can trigger a TL b/o:

 

Trend line breakouts:

Gold:

Gold 4hr: a new TL b/o for $15 adding to the overall wedge b/o that is now at $85:

 

Gold 30 min: note how an Asian b/o trade would have worked here:

 

EUR/USD:

E/U 4hr: a new wedge TL b/o for 60 pips:

 

E/U 30 min: note how an Asian b/o trade would have worked here too:

 

AUD/USD: a new TL b/o for 30 pips:

 

NZD/USD: a new TL b/o for 65 pips:

 

Other Markets:

S&P500 4hr: watch 4,200 for any new make or break:

 

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

 

GBP/USD 4hr: watch 1.39 and for any new TL b/o:

 

AUD/JPY 4hr: watch 85 with this very new TL b/o:

 

USD/JPY 4hr: watch 109 despite this new TL b/o as there is little momentum just yet:

 

GBP/JPY 4hr: watch for any new TL b/o: