Earlier today, the Australian dollar moved higher against its U.S. counterpart after the Reserve Bank of Australia left its interest rate at 1.50%. As a result, AUD/USD invalidated earlier breakdown under the medium-term support line. Will this event trigger further rally in the coming days?

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Earlier today, the U.S. currency erased some of yesterday’s losses against other major currencies as investors turned their attention to the upcoming nonfarm payrolls report. Before we know today’s data let’s focus on the technical picture of our six currency pairs. What are they saying about greenback’s future moves?

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Although the Labor Department reported that initial jobless claims rose by 2,000 to 263,000, the USD Index remains around three-week highs against the other major currencies. Will the U.S. currency extend gains in the coming days?

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Earlier today, the ADP report showed that the U.S. private sector added 177,000 jobs in the previous month, beating expectations for a growth of 175,000. Thanks to these solid numbers, the USD Index extended gains and climbed above the level of 96. How did this increase affect the euro, Swiss franc and Australian dollar?

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Earlier today, the U.S. dollar extended gains against the yen as fresh hopes for a rate hike continued to support to the currency. As a result, USD/JPY climbed to the early Aug highs, but will we see further rally in the coming days?

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