Risk appetite rebounded last session and there have been some great trend line breakout trading opportunities. I hope you all caught some of them. The GBP/JPY descending wedge breakout was one of the better ones on the day!

 

Data:

 

DXY weekly: now lower for the week as risk appetite rebounded:

 

Trend line breakouts:

AUD/USD:

AUD/USD 4hr: a TL b/o for 50 pips.

 

AUD/USD 30 min: note how there was a great Asian range breakout opportunity here:

 

AUD/JPY:

AUD/JPY 4hr: a TL b/o for 70 pips.

 

AUD/JPY 30 min: note how there was a great Asian range breakout opportunity here for up to 3 R:

 

GBP/USD:

GBP/USD 4hr: a TL b/o for 70 pips.

 

GBP/USD 30 min: note how there was a great Asian range breakout opportunity here:

 

NZD/USD:

NZD/USD 4hr: a TL b/o for 60 pips.

 

NZD/USD 30 min: note how there was a great Asian range breakout opportunity here:

 

USD/JPY:

USD/JPY 4hr: a small TL b/o.

 

USD/JPY 30 min: note how there was a great Asian range breakout opportunity here:

 

GBP/JPY:

GBP/JPY 4hr: one of the better trend line breakouts last session for up to 160 pips.

 

GBP/JPY 30 min: note how there was a great Asian range breakout opportunity here for up to 2.5 R:

 

S&P500 4hr: a small TL b/o here:

 

ASX-200 4hr: a small TL b/o here too:

 

Gold 4hr: a TL b/o for $25:

 

Other markets:

EUR/USD 4hr: higher on the day and holding above 1.17: