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[Mtl JP]

EURO 1.0778 HoD 1.0812
–
current “energy” is for uP ,
more uP next week unless puppy pukes back to 1.0730 and lower

[Mtl JP]

Trade Call (ref dlrchf)
–
9041 atm , LoD 9006
I suspect puppy has seen its low today
but … NO guarantee

[Mtl JP]

still on deck
–
ISM
goolsbee

DLRx 104.67 atm :
I am thinking 104.40ish should be nuff for today

[GVI Forex 2]

GBPUSD 30 MINUTE CHART – Pattern broken

GBPUSD break of its 6-day pattern pivoting 1.25 has seen a shift in directional risk

This suggests support on dips, strongest if it stays above 1.2577 but as long as it stays above 1.2538

Next hurdle is US Services PMI as this is the last piece of key US  data with a quiet calendar next week.

Reminder UK is closed on Monday so this could impact trading.

[Belgrade Knez]

EU needs to close below 1.0733 today to stay bearish …. otherwise

[michael Calif]

Apr 22/2:35pm  ….  June USD futures should decline from 106.00 and June Euro futures should rally from 1.0650, per Option Profile

[Belgrade Bobby]

EURUSD 4 H

Straight to the target – 1.08150

And now we can go down….but….are we going to??

1.08300 is the barrier between Bullish and Bearish, so I have no idea…do not have a crystal ball, and my cat doesn’t want to cooperate with hints and tips…

Pattern wise – it can be both ways – we need additional development to say for sure.

Anyhow, tests of supports are needed to seal the Up deal.

Support at 1.07400…let’s see

[GVI Forex 2]

Downside miss in all jobs categories.

[GVI Forex 2]

10-year 4.55% pre-data – suggests that markets seem to be hoping for a downside miss

[Mtl JP]

US 10-YR 4.569%
is miserable by my optique

ring me when 4.7+ prints — I – and market likely too – need to see 5% or very very close to it

[Mtl JP]

243 from 303 is a marginal drop … 19.8%
–
maybe it is marginal.
but players are likely to re-price whatever size deviation from the 243 expectation may print

[GVI Forex 2]

Remember UK is closed on Monday for a bank holiday

[GVI Forex 2]

U.S. non-farm payrolls are forecast to have risen 243,000 last month, only marginally cooler than the 303,000 added in March. The unemployment rate is expected to hold steady at 3.8%, while annual average earnings growth is seen cooling to 4.0%.

See our Economic Calendar

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan

The strength of the U.S. labor market will give Wall Street’s interest rate relief a reality check on Friday, but Apple’s (AAPL.O), opens new tab monster share buyback has buoyed the market in advance.

Morning Bid: Jobs test Fed relief, Apple buyback bump

[Mtl JP]

according to market nurse jeff cox at cnbc
–
* Nonfarm payrolls are expected to show a gain of 240,000 for the month, according to the Dow Jones consensus that also sees the unemployment rate holding steady at 3.8%.

* The labor market has been full of surprises this year, topping Wall Street estimates at a time when many economists expected hiring to have slowed down.

* Markets also will be closely watching the wage numbers.

[GVI Forex 2]

US bond yields ticking slightly lower ahead of the data (10 year 4.569%)

Ignored were comments from bond guru Bill Gross yesterday who said he sees the 10-year bond yield rising to over 5% in the next 12 months.

[GVI Forex 2]

EURUSD 4 HOUR CHART – PATTERN BROKEN?

Barring a surprise in today’s US data, EURUSD seems set to break an 8-day pattern around 1.07 (similar GBPUSD 6-day pattern around 1,25), which would suggest a shift in directional risk to the upside.

This suggests EURUSD will likely find support on dips as long as 1.07 does not trade, a stronger bid if 1.0735 can become support.

On the upside, a firm break of 1.0753-57 would be needed to put 1.08 in play (note there is little on charts then until a 1.0850 trendline and 1.0884)

[Mtl JP]

DLRCHF 9074
–
refering to my earlier bias around 9100 priceline
9074 is a good start for now.

lets see how puppy bounces hence, trgt remains as long as possie is alive

[SF Monedge]

On UsdChf the only real barriers to the market possibly finding value toward 9000 re at 9065, 9040, and 9020 or so.  Decent template for ones individual risk tolerance or goals.

[GVI Forex 2]

THE ETERNAL BATTLE TO REPLACE THE HUMAN TRADER

The Never Ending Question Asked by Forex Traders: Which is Better, Man vs. Machine?

1. The Never Ending Question Asked by Forex Traders: Which is Better, Man vs. Machine?

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