Forex.ee: Economic Daily Digest

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Friday, May 6

EUR / USD with
yesterday's trading in the flat, within
range of 20 points, near the mark of 1.14,
In anticipation of changes in the number of people employed in non-farm data
sector for April from the US. The pair received support due to the negative mood
the stock markets in the energy sector following the fall in oil prices. In view of the minor
events from the Euro zone, the pair will be waiting for key events of this
Time - change the number of non-farm payrolls for April
USA. USA Today also provide data on unemployment and a report about average
hourly wage. Currently the pair is trading at 1.1414, with its
approximate support and resistance levels at 1.1284 and 1.1507 marks.

GBP / USD pair is trading with slight modifications, gradually
departing from the current highs, marked at the level of 1.4494. Dollar today strengthens its position in the expectation
today's US data. Dollar also received support from upbeat
comments from Fed officials this Thursday. In addition, bears on the pound
feel support in view of the blurry situation on the upcoming referendum
Britain. List of events in Britain today is empty, in turn, the US
provide a report on changes in the number
non-farm payrolls in April, data on unemployment and
report on the average hourly wage. Currently the pair is at around 1.4464,
consolidating the upper half of the 1.44 level. Today's support and the level of
resistance located at elevations 1.4386 and 1.4545.

USD / CHF
consolidated under the mark of 0.97 on exit background
investors from riskier assets during
Asian session. Risk aversion could spread to European
session that only add demand Frank. Today, the SNB will publish data on
foreign exchange reserves, then the focus of the players will report NFP. Currently the pair is trading at 0.9678, with support levels and
resistance, located at around 0.9598 and 0.9776.

USD / JPY I met with resistance
at the level of 107.42, further breaking the mark 107 during the Asian session, at
amid falling Japanese stock markets. Meanwhile, attention
traders have concentrated on the main event of the week - NFP report for April. Now the pair is under bearish pressure trading at
106.97. Support and resistance levels are located at around 106.49 and
108.00

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