The US$ broke up and out of a recent congestion pattern triggering pullbacks in Gold and the commodity currencies and short-term traders might have been able to snag some of this movement during the European session. Today brings NFP so caution is needed to see how this news impacts the US$.

 

Data: watch for any impact from NFP:

 

DXY daily: a bullish TL b/o so watch for any push to 92:

 

Trend line breakouts:

EUR/USD:

EUR/USD 4hr: watch 1.21 for any support:

 

EUR/USD 30 min: a range b/o that gave 70 pips for a 3 R return on risk:

 

AUD/USD:

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

 

AUD/USD 30 min: a range b/o that gave 80 pips for a 3 R return on risk:

 

AUD/JPY:

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

 

AUD/JPY 30 min: a range b/o that gave 40 pips for a 1.5 R return on risk:

 

NZD/USD:

NZD/USD 4hr: a TL b/o for 75 pips:

 

NZD/USD 30 min: a range b/o that gave 90 pips for a 3 R return on risk:

 

USD/JPY:

USD/JPY 4hr: back above 110:

 

USD/JPY 30 min: a range b/o that gave 55 pips for a 2 R return on risk:

 

Gold: weaker with the stronger US$.

Gold 4hr: watch the support trend line for any new breakout:

 

Gold 30 min: a range b/o that gave $30 pips for a 2 R return on risk:

 

Other markets:

SPX 4hr: watch $4,200 for any new make or break:

 

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

 

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