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NOK and AUD the top G10 gainers, up +0.47% and +0.40% (vs USD), respectively. The USD Index is down for the day trading below yesterday’s open so far. Opinions on the FOMC statement were divided with some seeing language on inflation as hawkish while some hinting that Fed is likely to let the inflation run slightly hot. Overall, the US yields have barely changed and hence, the focus will turn to Non-farm payrolls data later in the week. Overnight, the Australian trade balance came in better than expected. Elsewhere, the Norges Bank reiterated its stance to hike rates after summer; NOK has since risen sharply, we see 9.7200 now as the key resistance level for EURNOK. In the Asian Equities, Hang Seng Fell -1.3% to 30,313 as hopes of progress in US-China trade talks waned: sentiments fell as reports emerged that US Administration is considering action on Chinese companies selling telecom equipment in the US. The European equities are trading mixed with FTSE at +0.43%, DAX at -0.29%, and CAC at -0.31%. In the rates market, the US and Bund 10-year yields continue to trade flat with the Bund 10-year yield at 0.583% and the US 10-year yield trading at 2.965%. In the energy space, the Brent front month has once again failed to break support at $73.00, trading at $73.54 so far. In terms of data today, the Euro-area Inflation rate (flash) is due at 0900 GMT, US and Canada trade balance at 1230 GMT, and US ISM non-manufacturing PMI at 1400 GMT. 

10-year Yields Daily chart (6-month)

 

USD-Index Daily chart (6-month)

 

 

Brent Front month Daily chart (2-month)

 

 

Trade weighted basket Hourly (one-week)

 

 

 

Major Currency Pairs

 

EURUSD Chart (Two-week)

 

 

Strategy: Support at 1.1943 for 1.2065
Short-term view: EUR/USD remains in a short-term downtrend (at 1.2025) but a break above will raise chances of a further rise to 1.2066. Below 1.1943 is needed to open 1.1858-1.1902 area

 

GBPUSD Chart (Two-week)

 

 

Strategy: Support at 1.3580 for 1.3740
Short-term view: GBP/USD has found support just above 1.3580 and MACD is bottoming. Hence, we see risk of a bounce to 1.3740 (downtrend). Below 1.3580 to open 1.3549

 

USDJPY Chart (Two-week)

 

 

Strategy: Support at 109.53 for 110.03
Short-term view: USD/JPY support at 109.53 and moving averages are still rising. Hence, we see a rise 110.03. A break below 109.53 to open 109.00.

 

AUDUSD Chart (Two-week)

 

 

Strategy: Support at 0.7501 for .7563
Short-term view: AUD/USD has seen a rejection from .7474 support and MACD is looking to move higher hence, we expect a bounce to .7563. below .7501 to open .7474 test.

 

BTCUSD Hourly Chart (Two-week)

 

 

(Chart by Reuters)

 

Strategy: Support at $9121 for $9415
Short-term view: BTC/USD has plenty of support exist at 9121 and MACD has inched into the positive territory. Hence, we see a bounce to 9415. Below 9121 to open towards 9002

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