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Revised trend lines ahead of NFP

There hasn’t been a lot of change ahead of today’s US jobs report and I have revised trend lines on most charts to reflect this lack of activity. Remember there is the 4th July weekend ahead too.

 

Data: NFP is the main item today.

 

DXY daily: remaining strong ahead of today’s NFP BUT watch to see if this holds:

 

Trend line breakouts:

S&P500 4hr: a small TL b/o for 20 points:

 

USD/JPY: this has been strong for the last two sessions.

USD/JPY 4hr: a TL b/o for up to 60 pips:

 

USD/JPY 30 min: note how short-term traders could have caught some pips after the Asian session here over the last two days:

 

Other Markets:

ASX-200 4hr: revised TL here due to low momentum so watch for any new b/o:

 

Gold 4hr: revised TL here due to low momentum so watch for any new b/o:

 

EUR/USD 4hr: watch revised TL for any new b/o and note the look of a descending wedge:

 

AUD/USD 4hr: watch revised TL for any new b/o and note the look of a descending wedge:

 

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

 

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

 

GBP/USD 4hr: watch revised TL for any new b/o and note the look of a descending wedge:

 

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