The drop in the headline Unemployment rate in Thursday’s NFP helped to boost risk appetite with US stocks closing higher. This is despite disappointing wages data and increasingly disturbing Covid impacts being reported across the USA.

NFP: a drop in the Unemployment rate but disappointing wages component.

DXY daily: another indecision candle as price action remains range-bound:

Trend line breakouts:

GBP/USD 4hr: this TL b/o moved on for 130 pips before stalling:

S&P500 4hr: a 40 point TL b/o so watch for any push to the previous all time High:

ASX-200 4hr: the Futures pointing to a good day for the index as this TL b/o gives 160 points:

Oil daily: watch for any new make or break at $41.50:

Other markets:

Gold 4hr: a bit of hesitation activity here:

EUR/USD 4hr: the 1.13 is proving hard to pass. Watch the revised trend lines for any new breakout:

AUD/USD 4hr: Watch 0.69 for any new breakout:

AUD/JPY 4hr: Watch 75 for any new breakout:

NZD/USD 4hr: Watch 0.65 for any new breakout:

USD/JPY 4hr: Watch the trend lines for any new breakout: