$USD Breakout Pending

USD index daily breakout is pending ahead of NFP. There is a small break above the kumo but still holding under resistance. I would like to see a breakout above the key resistance to end the week. The NFP number has not been as big of a deal as it was previously. Since Trump became president, the main focus has been on CPI. The Fed seems less interested in inflation now. They seem determined to raise again in December regardless of the data. There has been a bit of controversy about who will be taking over from Yellen when her term ends. There was speculation through the week that it could be Neel Kashkari who is dovish on rates. Apparently he is not officially a candidate for the role. I would like to see Lael Brainard as Fed chair (not that her name has been mentioned as a candidate).

USD Index above the kumo on resistance ahead of NFP.

GBPUSD daily this is more of a daily distribution with the flat daily kijun sen and swing wide, so I am using the intraday entries.

GBPUSD with the intraday entries.

USDCAD daily is also more of a daily distribution, so also using the intraday entries on this pair.

USDJPY daily is a big swing wide on resistance. Looking for a confirmed direction here. Could go either way.

AUDUSD daily had a small false break. It is a bit too wide of the daily kijun sen to take a short on this pair now with NFP pending. It is terribly tempting though, but I must not chase.

EURUSD 4hr similar case to AUDUSD. Terrible tempting to take that short on the 4hr MACD cross down but not with an announcement pending.

USDCHF daily is a swing wide to resistance. I expect a retracement back to the the kijun sen. A breakout here would most likely be false unless there was a compelling case for it to do so.

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