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ST EUR/USD and USD/JPY Strategies for Nonfarm Payrolls

By , Currency Strategist
04 April 2014 12:10 GMT

Talking Points:

- EURUSD on verge of greater technical breakdown through 1.3700.

- USDJPY gains could continue up to 104.80.

- Watch Silver prices around Nonfarm Payrolls.

To keep up with developments central banks and their policy changes, be sure to sign up for my distribution list.

The US Dollar has gained steam the past few days, and is on the verge of achieving significant technical breakouts against its major counterparts.

Read more: April Forex Seasonality Favors US Dollar Weakness - Against Whom?

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

04 April 2014 12:10 GMT