The week began full of news, especially the good results in the U.S. unemployment rate last Friday, which remained stable at 9.7%, while in non-farm payrolls (Payrolls) increased by 162,000 jobs, the highest of the last three years. Furthermore, we observed that the Swiss franc has lost ground against the euro and the dollar, after rumors of a possible intervention by the Swiss National Bank (SNB) to stop the rally of the Swiss currency. Among other things, continuing political tensions between China and the United States due to the strengthening of the yuan. Repeatedly recall that U.S. President Barack Obama has asked his Chinese counterpart a softening of its currency with no response so far. For its part, the Treasury secretary, Timothy Geithner, decided early Sunday to postpone the publication of its report on exchange rate policy, which presumably certify that China manipulates its currency to keep it fixed to the dollar. Importantly, U.S. manufacturers say the yuan is overvalued by up to 40% and that this is one reason why there is the huge trade deficit.

Although the European market will be inactive in the meeting today, eyes will be across the ocean, highlighting the ISM non-manufacturing and pending home sales in the U.S..

For this week, the most relevant macroeconomic activities will be the decision on interest rates in the Australian Central Bank (RBA), the Bank of Japan (BoJ), the Bank of England (BoE) and European Central Bank (ECB) Minutes of the Open Market Committee of the U.S. Federal Reserve (FED) and the Gross Domestic Product (GDP) of the Euro Zone.

In the securities area, the main indicators of the Asian region closed on Monday led by rising U.S. unemployment data In Europe, the market will be closed, while on Wall Street, U.S. futures bode parquet start day with green numbers.
With regard to raw materials, a barrel of West Texas oil (WTI) is listed at this time to 85.39 dollars on the New York Mercantile House (NYMEX). On the technical side, the black gold of more than 61.8% fibo drawn between 84.59 and 85.84 dollars, focusing on the ceiling of 85.59, while the low, medium to consider is in the 85.29 dollars. For the next few hours, investors believe crude could go for the highest recorded on 4 April at 85.84 dollars.

Levels and key trends:

EUR / USD (euro against the dollar) strengthens the crossing between the MM and 50 days pvot point of 1.3471, after depreciating in the meeting today 75 pips. Technically, the Bollinger Bands are experiencing volatility of 65 pips on the hour, while the Relative Strength Index (RSI) of 14 periods is located close to 50 points. In the candle chart than 4 hours, the Spot is located within the Ichimoku kumo as traders await an interception between fast and slow average. According to ADX, the parity signals the start of a weak trend, while the Parabolic SAR provides short input signals. Depending on the outcome of U.S. non-manufacturing ISM, the greenback could move positions against the euro, with probabilities of an attack on 1.3441 support.

GBP / USD (Pound against the dollar) after recording a minimum monthly 1.4820 on March 25, the cable picks up 475 pips so far. Currently, it takes dollars to buy 1.5234 a pound. In the 1 hour chart, the pair has the prospect of going in search of the floor at 1.5186 if it can overcome the pivot point located at 1.5225 dollars per pound. According to Bollinger Bands, the crossing experience little volatility in the hour, indicating a possible reaction, while the MACD sell signals could provide in the coming hours. In the 4 hour chart, the price has just broken the 38.2% short of the last movement, while the cloud of Ichimoku confirms the upward trend of recent days. Finally, the MM of 50 days is below the spot and the Bulls are in positive territory, indicating time of entry into long.

USD / JPY (dollar against the yen): the junction operates in lateral trend, trading at 94.50 yen per dollar. No relevant data for the rest of the day, we must be attentive to the drilling of the resistance of 94.61 and 94.44 support that could provide excellent opportunities for trading. According to RSI, the turn is on neutral ground, whereas Bollinger Bands are experiencing a volatility of only 25 pips on the hour. According to the MFI of 14 periods, the pair is close to the overbought, while the MM 50 days are below the price and the Bulls in positive territory. Finally, the Parabolic SAR provides long input signals.

XAU / USD (ounce of gold against the dollar) is crucial that we focus our attention to the ceiling of $ 1,127.4 an ounce, a level to overcome it, could give him enough momentum to the precious metal to go in search of the maximum monthly in 1140 , 70. However, no drill, the crossing could make a pullback to the pivot point of $ 1,123.4 an ounce. In the chart with candles 1 hour, 20-ITC is in clear term oversold while the Parabolic SAR provides short input signals. For the next few hours, the XAU could benefit from the operators’ demand for raw materials.

Opportunities of the day:

USD / CAD (Canadian dollar against the U.S. dollar): the loonie continues to move forward positions against the greenback, registering an annual record low 1.0051. If the Canadian currency keeps rising against the greenback, marking a new goal should bear the 0.9983, the lowest since July 17, 2008. Since 26 March, the crossing is weakened driven by a rebound in commodity prices, depreciating far 235 pips. In the case of making a turn upward, the next resistance is at 1.0074 Canadian dollars per U.S. dollar. On the technical side, the narrow Bollinger Bands, indicating low volatility at the time, while the 14 period RSI is in oversold clear. Finally, the MM 50 days are located above the crossing and the Bears are in negative territory, providing input signals shorter, while the Ichimoku kumo confirms the downtrend in the pair.

USD / MXN (Mexican peso against the U.S. dollars) recorded the minimum crossing since October 2008, trading at this time to 12.28 pesos per dollar. Technically, the price pierces the lower Bollinger band, indicating a possible correction to the middle band, while the 14 period RSI is in oversold environment. A low, the next goal is in the 1200, while rising, the next resistance is at 12.29. For the next few hours, operators estimate that the weight could reverse gains made in the day, after Mexico recorded the largest earthquake in the last 7 years, which could generate sales of American currency.