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Trades on the front foot

USD
  • Estoxx future, opened with lower gap overnight, helping the USD higher, a continuation following the US Employment data beat last Friday.
  • AUDUSD is the worst performer, down 0.75%, and trading at its lowest level since 23/04/20.
  • Next immediate support comes at 0.6300, and below the latter, opens to 0.6283 Low Apr 23 2020 initially.
  • A close eye on the USDJPY, trading near where the BoJ intervened last, was trading circa 145.65/145.77, with a 145.67 high print today.
  • EURUSD is below Friday's low, albeit just off its low, and next support will be seen at 0.9683, followed by 0.9636.
  • Cable sees next support at 1.1025 Low Sep 30.

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