# GBP/USD Mid-Day Outlook
GBP/USD dips sharply after US NFP release as consolidation from 1.5882 continues. Deeper fall might be seen towards 4 hours 55 EMA (now at 1.5706). However, note against that rise from 1.5234 is expected to continue as long as 1.5461 cluster support holds. Above 1.5882 will target 1.6165 key cluster

# USD/CHF Mid-Day Outlook
USD/CHF is still bounded in tight range above 0.9114 after US NFP release. Intraday bias remains neutral and more consolidations could be seen. In case of stronger recovery, we'd expect upside to be limited by 38.2% retracement of 0.9594 to 0.9114 at 0.9297 and bring fall resumption. As noted before,

# US Session: Orders and Options Watch
JPY: The greenback quickly jumped after the release of stronger-than-expected U.S. job data, both nonfarm payrolls number and unemployment rate exceeded analysts’ anticipation (NFP at 243K vs forecast of 150K and jobless rate at 8.3% vs market consensus of 8.5%), stops above 76.40-50 were triggered but more stops are reported

# EUR/USD Mid-Day Outlook
EUR/USD continues to stay in tight range initially after release of stronger than expected NFP data. Intraday bias remains neutral for the moment. On the upside, sustained break of 38.2% retracement of 1.4246 to 1.2625 at 1.3244 will resume the rebound from 1.2625 and target 61.8% retracement at 1.3627. On

# Mid-Day Report: NFP Rose 243k, Unemployment Dropped to 8.3%, Dollar Mixed in Initial Reaction
Non-farm payroll report showed much larger than expected expansion in US job market by 243k in January, versus consensus of 150k. That's the beset number in nine months and even better than December's impressive 203k, revised up from 200k. Unemployment rate dropped again for the fifth straight month to 8.3%,

# 2012 Forecasts: Canadian Dollar To Be Support By QE3 In 2H12
Canada will by no means escape from the recent global economic turmoil. As an economy heavily reliant on exports, the sovereign debt crisis in the Eurozone and the stringent fiscal consolidation to be adopted by the US are expected to hurt Canadian economy. Weakening economic outlook will probably trigger the

# EUR/GBP Daily Outlook
At this point, we's still slightly favoring the case that consolidation from 0.8221 was completed at 0.8409. Further decline is expected to retest 0.8221 and break will confirm resumption of whole fall from 0.9083 and target 0.8067 key support. On the upside, even in case of another rise, we'd expect

# GBP/JPY Daily Outlook
Intraday bias in GBP/JPY remains neutral. But again, rebound from 117.29 is still in favor to continue with 119.19 minor support intact. Rise from 117.29 is viewed as the third leg of the consolidation pattern from 116.83. Above 122.04 will bring another rise towards 127.30 resistance. Nonetheless, break of 119.19

# EUR/JPY Daily Outlook
Intraday bias in EUR/JPY remains neutral for the moment. With 99.13 intact, rebound from 97.03 might extend further. Above 100.88 will will flip bias back to the upside and would likely extend the rebound from 97.03 towards falling trend line resistance (now at 105.88). Though, note again that break of