Euro

The Euro versus Dollar pair continued to trade around 1.4180 within narrow ranges awaiting the US NFP. We still hold our outlook to the downside on the intraday basis towards 1.3920 before rebounding back to the upside. The short term trend remains to the upside as far as 1.3920 remains intact.

The trading range for today is among the key support at 1.3920 and the key resistance at 1.2120

The general trend is to the downside as far as 1.4710 remains intact with targets at 1.2120

Support1.41601.41051.40801.40301.3980
Resistance1.42251.42451.43201.43951.4440
RecommendationOur morning recommendation remains valid

Great British Pound (GBP)

The cable successfully breached the 1.6075 support level to near 1.6015 so far. We still hold our outlook to the downside yet the short term trend remains to the upside as far as 1.5745 remains intact.

The trading range for today is among the key support at 1.5754 and the key resistance at 1.6660

The general trend is to the upside as far as 1.4840 remains intact with targets at 1.6600

Support1.60151.59451.58751.58101.5745
Resistance1.61551.62001.62851.63601.6430
RecommendationOur morning recommendation remains valid

Japanese Yen (JPY)

Trading remains within narrow ranges for the USD/JPY pair with slight inclines yet we still expect the pair is to decline after touching 97.45 to reach our suggested targets in the morning report as far as 97.70 remains intact.

The trading range for today is among the key support at 91.90 and the key resistance at 99.40

The general trend is to the downside as far as 102.60 remains intact with targets at 84.95 and 82.60

Support96.4595.9095.3594.7594.50
Resistance97.4597.7098.1098.8599.55
RecommendationOur morning recommendation remains valid

Swiss Franc (CHF)

The Dollar versus Swissy pair inclined as expected awaiting the Jobs report form the US where we still believe the pair is to breach the resistance level to the upside and incline on the intraday basis targeting 1.0900.

The trading range for today is among the key support at .0450 and the key resistance at 1.0910

The general trend is to the upside as far as 1.0570 remains intact with targets at 1.2245

Support1.06351.05551.05001.05701.0450
Resistance1.07451.08001.08601.09101.0980
RecommendationOur morning recommendation remains valid

Canadian Dollar (CAD)

The Dollar versus Loonie pair rebounded from 1.0970 to reach 1.1090 before extending towards 1.1255. Employment data from Canada was worse than expected which supported the upside movements to reach our target yet the short term trend remains to the downside as far as 1.1255 remains intact.

The trading range for today is among the key support at 1.0745 and the key resistance at 1.1255

The general trend is to the downside as far as 1.1870 remains intact with targets at 1.0300

Support1.09701.09051.08801.08251.0785
Resistance1.10251.10901.11501.11951.1230
RecommendationOur morning recommendation remains valid