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USD/CAD’s break of 1.0678 minor support suggests that an intraday top is formed at 1.0779. Some more retreat might be seen but we’d expect strong support from 1.0544 support to bring rally resumption. Prior break of 1.0744 resistance confirm that whole correction pattern from 1.0851 has already finished at 1.0223….

Dollar is steady in tight range after mixed non-farm payroll report. US job market contracted -20k in January versus expectation of 20k expansion. December’s figure was also revised down from -85k to -150k. Unemployment rate dropped from 10.0% to 9.7%, which was the best number in five months. However, that…

The euro continues to bear the brunt of a negative tone for global risk ahead of a key U.S. employment report and earlier fell to its lowest point against the dollar in nine months. ECB President Trichet urged investors to stop fragmenting the Eurozone by tearing strips off its periphery…

The USD is trading higher with the EUR falling to an eight month low as stocks tumble and risk aversion rises, concern about debt troubles in Europe and the global recovery sparked selling of equities and safe haven demand for the USD and JPY, widening of EU budget deficits are…

Today’s world’s largest economy Jobs Report will be released, which was patiently awaited for and highly predicted to display once again to which extent the country’s labor market remains on being deteriorated, despite extreme slender signs of improvement, knowing of course that this is so far the major obstacle postponing…

The Usd is King ahead of the U.S. Non-farm Payroll report, which means one thing; equity markets have declined as gold and oil dropped, with no end in sight for the short side of the global market. The major pairs have seen an influx of dollar strength this week, in-line…

Usd/Cad The four hour trend is long. The pair has found its footing near the 100 day moving average which helped support the pair for the run today. A break of the 1.0770 area will draw in buyers. Resistance will come in the form of the 200 day moving average…

Eur/Usd The four hour trend is short. The pair is currently resting at the 1.3700 area which is a major support area on the daily chart. A strong break will most certainly draw in more sellers until 1.3410 which is the next long term support area. Near-term moves may see…

* Times listed are GMT