Some triangle trend lines to watch with NFP

A few currency pairs are setting up within triangles ahead of tonight’s NFP data release. So, it’s the same drill: watch for trend line breakouts that evolve with increased momentum.

EUR/USD 4hr:

EU4

AUD/USD 4hr and daily charts:

AU4 AUdaily

Gold 4hr:

Gold bull

AUD/JPY 4hr: this will be harder to evaluate though given the already elevated ADX:

AJ4

NZD/USD 4hr: there looked to be a bit of a breakout but this stalled so, watch for any new momentum here:

Kiwi4

USD/CAD 4hr: a wedge forming here around the key 1.30 level:

Loonie4hr

Silver 4hr & weekly: a triangle is forming around the key $20.50 level:

Silver4hr SilverWeekly

EUR/AUD weekly:

EAweekly

 

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