Non Farm Payrolls (NFP) is one of the most important and influential economic reports for the currency markets. The next NFP report will be released this Friday 1st of April at 12:30 GMT by the US Bureau of Labor Statistics. NFP expresses the paid jobs added or lost in the

The dollar was weaker ahead of the release of tomorrow’s official employment report and the euro firmed following higher than expected inflation data and the release of the Irish banks stress test results. The release of the Irish stress tests showed that an additional 24 billion euro in capital would

The dollar was weaker ahead of the release of tomorrow’s official employment report and the euro firmed following higher than expected inflation data and the release of the Irish banks stress test results. The release of the Irish stress tests showed that an additional 24 billion euro in capital would

FX Technical Commentary

March - 31 - 2011

Euro 1.4160 Initial support at 1.4052 (Mar 30 low) followed by 1.4021 (Mar 28 low). Initial resistance is now located at 1.4249 (Mar 22 high) followed by 1.4282 (Nov 4 high)

FX Technical Commentary

March - 31 - 2011

Euro 1.4160 Initial support at 1.4052 (Mar 30 low) followed by 1.4021 (Mar 28 low). Initial resistance is now located at 1.4249 (Mar 22 high) followed by 1.4282 (Nov 4 high)

EUR/USD Today’s support: – 1.4078, 1.4040 and 1.4023(main), where correction is possible. Break would give 1.3996, where correction also may be. Then follows 1.3973. Break of the latter would result in 1.3916. If a strong impulse, we would see 1.3892. Continuation will give 1.3863.

EUR/USD Today’s support: – 1.4078, 1.4040 and 1.4023(main), where correction is possible. Break would give 1.3996, where correction also may be. Then follows 1.3973. Break of the latter would result in 1.3916. If a strong impulse, we would see 1.3892. Continuation will give 1.3863.

Daily Forex Update: AUD/JPY

March - 31 - 2011

AUD/JPY is moving up inside the Up Channel chart pattern identified on the 30-minute charts Autochartist rates the Quality of this chart pattern at the 6 bar level as a result of the low Initial Trend (rated at the 2 bar level), above-average Uniformity (measured at the 7 bar

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