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More consolidation ahead of NFP.

Stocks are a bit higher and the AUD a bit firmer but many charts are still in a consolidation phase ahead of today’s NFP.

 

Data:

 

DXY weekly: still above the weekly 200 EMA now so watch the 95 region for any new make or break:

 

Trend line breakouts:

AUD/USD 4hr: a small TL b/o but watch for any push to the 5-month TL:

 

AUD/JPY 4hr: a small TL b/o but watch for any push to the 82 level:

 

Other markets:

S&P500 4hr: note the push back to the 61.8% Fib. Watch for any new TL b/o:

 

ASX-200 4hr: Watch 7,300 and for any new TL b/o:

 

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

 

EUR/USD 4hr: Watch for any new TL b/o:

 

NZD/USD 4hr: Watch for any new TL b/o:

 

GBP/USD 4hr: a small TL b/o here but little momentum at the moment. Might be best to wait until after NFP:

 

USD/JPY 4hr: Watch for any new TL b/o:

 

GBP/JPY 4hr: Watch 152 and for any new TL b/o: