Majors
EUR/USD: SELL AT 1.3875 FOR 1.3773; STOP AT 1.3930
USD/JPY: BUY AT 102.00 FOR 103.15; STOP AT 101.44
GBP/USD: SHORT AT 1.6625 FOR REVISED 1.6470 OBJECTIVE; STOP AT 1.6615
USD/CHF: POSSIBLY BUY
AUD/USD: POSSIBLY LOOKING TO SELL
USD/CAD: LONG AT 1.1035 FOR REVISED 1.1349; REVISED STOP AT 1.1155
Crosses
EUR/JPY: LONG AT 141.35 FOR 143.38 OBJECTIVE, STOP 140.44
EUR/GBP: BUY AT .8320 FOR .8467; STOP AT .8255
EUR/CHF: BUY AT 1.2180 FOR 1.2250; STOP AT 1.2140
EUR/CAD: LONG AT 1.5375 FOR REVISED 1.5690; REVISED STOP AT 1.5405
GBP/JPY: LOOK TO BUY
NZD/USD: LONG AT .8260 FOR REVISED .8733; STOP AT .8510
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Editors’ Picks
EUR/USD declines below 1.0700 as USD recovery continues
EUR/USD lost its traction and declined below 1.0700 after spending the first half of the day in a tight channel. The US Dollar extends its recovery following the strong Unit Labor Costs data and weighs on the pair ahead of Friday's jobs report.
GBP/USD struggles to hold above 1.2500
GBP/USD turned south and dropped below 1.2500 in the American session on Thursday. The US Dollar continues to push higher following the Fed-inspired decline on Wednesday and doesn't allow the pair to regain its traction.
Gold stuck around $2,300 as market players lack directional conviction
Gold extended its daily slide and dropped below $2,290 in the second half of the day on Thursday. The benchmark 10-year US Treasury bond yield erased its daily losses after US data, causing XAU/USD to stretch lower ahead of Friday's US jobs data.
Top 3 Price Prediction BTC, ETH, XRP: Altcoins to pump once BTC bottoms out, slow grind up for now
Bitcoin reclaiming above $59,200 would hint that BTC has already bottomed out, setting the tone for a run north. Ethereum holding above $2,900 keeps a bullish reversal pattern viable despite falling momentum. Ripple coils up for a move north as XRP bulls defend $0.5000.
Happy Apple day
Apple is due to report Q1 results today after the bell. Expectations are soft given that Apple’s Chinese business got a major hit in Q1 as competitors increased their market share against the giant Apple.