Forex: AUD/USD falls to 1.0400 on NFP data

FXstreet.com (San Francisco) - The Aussie reacted to the down side against the Greenback following the weak-than-expected Non farm payrolls but better unemployment data in the US. The AUD/USD declined 35 pips from 1.0435 to test the 1.0400 support again. But as the pair performed in the early Asian session, it was rejected again.

Currently the AUD/USD is trading at 1.0405, 0.30% below opening price action and testing the support again. Indicators are mixed with Momentum being bullish, CCI bearish and Stochastic and MACD going neutral.

Below 1.0400, next supports are at 1.0385, 1.0360. On the upside, 1.0435, 1.0450 and 1.0475 are resistances.

Apr 5, 2013

Forex: EUR/USD retracts from 1.3028 spike high to 1.3000 mark

The EUR/USD jumped by 72 pips to 1.3028 high on the release of the US NFP report, with the March figure at 88K (consensus of 200K) and the February number being revised higher from 236K to 268K. Profit taking has brought the pair to test the 1.3000 psychological level.

Forex: NZD/USD establishes fresh lows at 0.8389/90

The NZD/USD found itself on the decline following the release of checkered US economic data Friday. In recent moments the pair plunged off the 0.8405 handle to establish fresh lows at 0.8389/90 in these moments.