Majors
EUR/USD: SHORT AT 1.3570 FOR 1.3448; STOP AT 1.3622
USD/JPY: LOOK TO SELL 102.10/15 FOR 101.60
GBP/USD: LONG AT 1.6990 FOR 1.7136; STOP AT 1.6918
USD/CHF: LONG AT .8993 FOR A .9082 TARGET; REVISED STOP AT .8952
AUD/USD: BUY AT .9362 FOR .9461 OBJECTIVE, STOP .9317
USD/CAD: LONG AT 1.0892 FOR 1.1053 STOP AT 1.0825
Crosses
EUR/JPY: SHORT AT 138.58 FOR 137.38 OBJECTIVE, STOP 138.93
EUR/GBP: SHORT AT .8015 FOR .7887; STOP AT .8065
EUR/CHF: SHORT AT 1.2190 FOR 1.2141; STOP AT 1.2205
EUR/CAD: SHORT AT 1.4750 FOR 1.4410 OBJ, STOP 1.4840
GBP/JPY: LONG AT 171.10 FOR 174.85 INITIALLY; REVISED STOP AT 171.90
NZD/USD: REVISE BUY AT .8705 FOR REVISED .8842; STOP AT .8635
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EUR/USD remains depressed below 1.0800, as traders lack directional impetus amid minimal volatility and thin liquidity on Good Friday. The pair keenly awaits the US PCE inflation data and Fed Chair Powell's speech for fresh hints on next week's price action.
GBP/USD holds steady above 1.2600 as markets stay calm on Good Friday
GBP/USD trades sideways above 1.2600 amid a typical Good Friday trading lull. A broadly firmer US Dollar could keep any upside attempts limited in the pair ahead of the US PCE inflation data and Fed Chair Powell's appearance.
Gold ends Q1 2024 at record highs, what’s next?
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