There is a positive development in U.S dollar index Yesterday as it bounced from the top of the blue box. From the fundamental side, the bounce might result from the signing of tariff plan by President Trump. Today, the market will focus on job data. Will we see a continuation of upward movement in the index? 08.30 AM U.S Non-Farm Employment Change, forecast 205k U.S Unemployment Rate forecast 4.0% For full outlook for this week, you can follow Forex Outlook For The Week 5 – 9 Mar 2018 The bounce of U.S dollar index means the fall for EUR/USD. However, the downward movement might change direction again depend on the U.S job data today. If EUR/USD continues its downward movement, then we might see it threading between 1.2200 – 1.2300 next week. Today critical level to watch: Support: 1.2300, 1.2200, 1.2100 Resistance: 1.2500 GBP/USD on the path lower after it closed below 1.3835. However, it is not a significant close which could reverse if U.S job data disappoint. Nevertheless, a short position is the best choice from current level with assumption job data will be strong and President Trump tariff plan creating a reaction. Today critical level to watch: Support:  1.3800, 1.3600 Resistance: 1.3850, 1.4000 USD/JPY break free from its bearish channel and bounce from 106.10 support level. The pair bearish trend may reach an end, and the bull will take the control back. The bull needs a close above 107.40 to turn the medium-term trend into bullish. Today critical level to watch: Support: 106.10, 105.50, 105.00 Resistance: 107.00, 107.40, 109.00 AUD/USD continue moving inside the triangle as the pair rejected from the top of it. There is no change to the analysis, AUD/USD currently supported by the SMA 200. Traders will wait for U.S job data to get a clue for AUD/USD next movement. Today critical level to watch: Support: 0.7800, 0.7750, 0.7690 Resistance: 0.7875

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