Market sentiment improved for US trade on Tuesday but the US$ remains steady ahead of today’s private ADP NFP US jobs report and RBNZ rate update. The GBP seems to be shaking off its fuel worries as both the GBP/USD and GBP/JPY are markedly higher.

Data:

DXY weekly: watch the weekly 200 EMA for any new make or break:

Trend line breakouts:

GBP/USD 4hr: this b/o move has continued BUT watch for any push to the 61.8% Fib:

GBP/JPY:

GBP/JPY 4hr: this broke above 151 to hit 152 for a 100 pip gain:

GBP/JPY 30 min: note the decent range breakout opportunity here:

AUD/JPY 4hr: watch for any push to 82:

USD/JPY 4hr: watch for any push to 112:

S&P500 4hr: watch for any push to the 61.8% Fib:

Other markets:

ASX-200 4hr: watch 7,300 for any new b/o:

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

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

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

NZD/USD 4hr: watch revised TL for any new b/o; especially with today’s RBNZ rate update: