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USDCAD TECHS

Solid Bounce

AUDUSD TECHS

Reverses In Style

EURJPY TECHS

Accelerates Off Bull Trigger

USDJPY TECHS

Still Pointing Higher

EURGBP TECHS

Bouncing Well

GBPUSD TECHS

Bulls Press Pause

EURO-DOLLAR
EURO-DOLLAR: EUR/USD last $1.1446 after losing 32 pips Thursday on the back of
comments from ECB's Weidmann, who noted that "uncertainty about further economic
development is high, and for Germany the downside risks prevail./" Although
Weidmann insisted that he saw little prospect of either a "longer phase of
declining economic activity" or "a sudden slump." Weidmann also said that "the
process of ECB policy normalisation is likely to take several years." Also worth
noting that Fed SOMA flows potentially weighed later in the day. Elsewhere, EZ
Q4 GDP met market forecasts, but missed the ECB projections, while Italian GDP
shrank 0.2% last quarter, faster than exp. 
- Bears hope for extending on yesterday's losses and target the nearby
100-DMA/yesterday's low at $1.1441/36. A break lower would open up the 21-DMA at
$1.1424. Conversely, bulls look for a jump above the yesterday's hourly low of
$1.1472, which would bring yesterday's high of $1.1514 into view. 
- EZ focus today falls on m'fing PMIs from across the eurozone, as well as EZ
CPI.