Update

Crude and stocks finally broke support in Asia and have moved lower but compared to the currencies not that far. The Usdx - Dollar Index is back knocking on the door of the daily 200 simple moving average, Euro has breached the 1.3850 level seen last Monday, Cable has broken 1.5850, Aussie sits just above tuesday´s low at 0.8780, kiwi has broken the monday 0.6994 low, Swissy fell short of the 1.0640 high put in after SNB intervention and the Cad lies  just  short of our 1.0650 tgt at 1.0637.

With tomorrow´s NFP release  (US Non Farm Payrolls), I expect some profit taking / position trimming  to be seen over the next 24 hours before the release, thus I will be taking a 1/4 profit on open positions and  adjusting protective stops ahead of tomorrow.

Open Trades

Closing 1/4 of trades @ market

Eur/Usd - short 1.4000 stop 1.4000 . Closed 1/4 @ 1.3850.
Gbp/Usd - short 1.6015 stop 1.6015. Closed 1/4 @ 1.5845.
Aud/Usd - short 0.8898 stop 0.8898. Closed 1/4 @ 0.8805.
Xag/Usd   Spot Silver - short 16.81 stop 16.75. Closed 1/4 @ 16.25.
Usd/Cad - long 1.0555 stop 1.0555. Closed 1/4 1.0635.
Aud/Jpy - short 80.35 stop 80.35. Closed 1/4 @ 79.91.

Eur/Jpy - Trade Missed as I was out of the office when the 300 lwma finally gave way.

What I will be watching today -
Crude Oil - CLH0 - Hourly 300 ema
Mini Dow futures - YMH0 -  Hourly 300 ema and 200 lwma.
Gold - Xau/Usd - Hourly 200 lwma.
Eur/Gbp - 0.8709 - Hourly 300 sma.