AUD/USD (-48)

with the positive news for the U.S. it is expected that market will jump on it with more buying. Since everybody is buying on the account that FED will pump more money in the system, risk is suppose to increase, and the purchase of AUD (and probably NZD & CAD too).There is clear support with 100 sma, and stops are placed at 0.9880, and target is 1.0020

EUR/USD (-50)

with more and more talk in media about European sovereign crisis, and banks without proper capitalization, EUR will not be able to gain against almost any currency, particularly against "safe haven currencies JPY, EUR, and USD". Bond spreads between PIIGS and German is steadily increasing, and EUR is paying the price. Since political tension are increasing in Japan, and SNB saying that they might be forced to step in forex market, we think that is the best to short it with USD. Friday better than expected job report definitely goes in favor of the trade. From technical perspective, Head and Shoulders pattern is evident in 4h chart, combined with Simple Moving Averages and lower highs, looks like great opportunity to short the pair. Targets are set at 1.2615, and stops placed at 1.2775

USD/CAD (+150)

with Canada Central Bank expected to raise interest rates to 1%, and U.S. providing better than expected job report on Friday, it is reasonable to expect strong movement in CAD favor. European debt crisis and the concern for the stability of European banks is the main driver of USD move higher and of the latest "flight to safety" lift the pair up to 1.0475 from 1.0345. As far as the further move up, we think that is the less likely option in this pair, and the bulls had plenty of chances for that since pair made it's potential high for the day (1.0488).From technical perspective we have 100 and 50 SMA serve as resistance,as well as 50% fib retracement, and MACD is well bellow water line indicating downtrend. Risk is relatively small compared with profit opportunity. Stops are placed at 1.0525, and target is 1.0345 and possible 1.0265 if market moves strongly in CAD favor and if rates are lifted to 1% & building permits as well as IVEY PMI mark better than expected results.