The S&P500 closed at another new high and the US$ is a bit higher as well ahead of today’s US jobs report. Momentum is low on the daily DXY chart so watch that for clues about the next directional move following the NFP update. The GBP pairs were sharply lower after the BoE update.

 

Data:

 

DXY daily: a bit higher BUT note the lack of momentum at the moment! Watch for any new b/o on NFP news:

 

Trend line breakouts:

GBP/USD: weaker after the BoE update:

GBP/USD 4hr: a drop from 1.37 for around 200 pips. Watch 1.35 for any new make or break:

 

GBP/USD 30 min: a decent range breakout available here:

 

GBP/JPY: also lower after the BoE update.

GBP/JPY 4hr: a TL b/o for around 220 pips. Note where price paused! Near the 61.8% Fib! Watch 153 for any new make or break:

 

GBP/JPY 30 min: a decent range breakout available here too:

 

S&P500 4hr: a new all time High:

 

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

 

Gold 4hr: watch $1,800 for any new TL b/o:

 

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

 

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

 

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

 

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

 

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