Majors
EUR/USD: SHORT AT 1.1320 FOR 1.1000; STOP AT 1.1451
USD/JPY: LOOK TO BUY LOWER
GBP/USD: LONG AT 1.5405 FOR REVISED 1.5621; REVISE STOP AT 1.5395
USD/CHF: LONG AT .8755 FOR REVISED .9602; STOP RAISED to .9345
AUD/USD: LONG AT .7775 FOR .8033; STOP AT .7790
USD/CAD: BUY AT 1.2355 FOR 1.2697 STOP AT 1.2294
Crosses
EUR/JPY: REVISE BUY AT 134.85 FOR 136.70; STOP AT 133.90
EUR/GBP: SELL AT .7355 FOR .7254; STOP AT .7405
EUR/CHF: LONG AT 1.0510 FOR REVISED 1.1002; STOP AT 1.0629
EUR/CAD: SELL AT 1.4230 FOR 1.3805 OBJ, STOP 1.4345
GBP/JPY: LONG AT 182.00 FOR 187.30; REVISED STOP AT 183.40
NZD/USD: BUY AT .7510 FOR .7690 STOP AT .7460
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Editors’ Picks
EUR/USD holds above 1.0700 ahead of US jobs report
EUR/USD stays in a consolidation phase above 1.0700 after closing the previous two days in positive territory. Investors eagerly await April jobs report from the US, which will include Nonfarm Payrolls and Unemployment Rate readings.
GBP/USD advances to 1.2550, all eyes on US NFP data
The GBP/USD pair trades on a stronger note around 1.2550 amid the softer US Dollar on Friday. Market participants refrain from taking large positions as focus shifts to April Nonfarm Payrolls and ISM Services PMI data from the US.
Gold remains stuck near $2,300 ahead of US NFP
Gold price struggles to gain any meaningful traction and trades in a tight channel near $2,300. The Fed’s less hawkish outlook drags the USD to a multi-week low and lends support to XAU/USD ahead of the key US NFP data.
XRP edges up after week-long decline as Ripple files letter in reply to SEC’s motion
Ripple filed a letter to the court to support its April 22 motion to strike new expert materials. The legal clash concerns whether SEC accountant Andrea Fox's testimony should be treated as a summary or expert witness.
US NFP Forecast: Nonfarm Payrolls gains expected to cool in April
The NFP report is expected to show that the US economy added 243,000 jobs last month, sharply lower than the 303,000 job creation seen in March. The Unemployment Rate is set to stay unchanged at 3.8% in the same period.