ST EUR/USD and USD/JPY Strategies for Nonfarm Payrolls

Talking Points:

- EURUSD on verge of greater technical breakdown through 1.3700.

- USDJPY gains could continue up to 104.80.

- Watch Silver prices around Nonfarm Payrolls.

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The US Dollar has gained steam the past few days, and is on the verge of achieving significant technical breakouts against its major counterparts.

Read more: April Forex Seasonality Favors US Dollar Weakness - Against Whom?

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail [email protected]

Follow him on Twitter at @CVecchioFX