EUR/USD

• Overall: The market is waiting for the U.S. non-farm payrolls data on Friday for a clearer direction.
• Upside potential: If the price surpasses 1.0885, consider buying towards 1.0940.
• Downside potential: If the price falls below 1.0760, consider selling.
• Key levels: Resistance: 1.0905, 1.0940. Support: 1.0885, 1.076-1.085
• Events to watch: European Central Bank meeting and speech by ECB President Christine Lagarde.
• Trading plan: Consider long positions if the price surpasses 1.0885 and closes above 1.0905.

GBP/USD

• Overall: The pound is expected to fall, but the market is not in a rush to sell.
• Short positions: Consider short positions if the pair consolidates below 1.2605-1.2611.
• New downturn: A new downturn can also start from the levels of 1.2725 and 1.2787.
• Upward trend: If the price surpasses 1.2787, there’s a good chance of starting a new uptrend.
• Key levels: Resistance: 1.2787, 1.2848-1.2860.  Support: 1.2605-1.2611, 1.2500
• Events to watch: U.S. secondary jobless claims report. European Central Bank meeting (may affect GBP).
• Trading plan: Consider short positions if the price consolidates below 1.2605-1.2611. Alternatively, consider long positions if the price surpasses 1.2787.

AUD/USD

• Overall: The Australian dollar has a chance to rise, but the outlook is uncertain.
• Upside potential: If the non-farm payrolls data is positive, the pair may correct higher towards 0.6598.
• Downside potential: If the data is negative, the pair is likely to form a peak around 0.6537 and start a decline towards 0.6444.
• Key levels: Resistance: 0.6566, 0.6598. Support: 0.6537, 0.6444
• Events to watch: U.S. non-farm payrolls data.
• Trading plan: Wait for Friday’s nonfarm payrolls data before making any trading decisions.

USD/CAD

• Overall: The Bank of Canada is expected to hold the current interest rate at 5%.
• Resistance: 1.3616, 1.3671
• Support: 1.3495, 1.3550
• Events to watch: Bank of Canada rate announcement, U.S. JOLTs Job Openings report.

NZD/USD

• Overall: The kiwi is expected to resume its upward movement after a temporary correction.
• Support: 0.6030/40
• Resistance: 0.6198, 0.6238
• Events to watch: U.S. labor market data, ADP private employment report, JOLT job openings report, Fed Chair Powell’s testimony.
• Trading plan: The market may be volatile, so caution is advised. Consider short-term positions based on price movements around the support and resistance levels.