[Video] USD/JPY and USD/CAD in focus for Nonfarm Payrolls

USD/JPY is edging higher ahead of today’s NFP report in anticipation of a decent print, although USD/CAD sits at its lows following hawkish BOC comments and firmer oil prices.


In today’s video we look at the Nasdaq 100 to highlight today’s pivotal level on the daily chart. We then analyse USD/JPY and USD/CAD for a bullish of bearish scenario, depending on whether it meets, exceeds or misses expectations.


S&P 500: Market Internals


S&P 500: 4399.76 (0.83%), 07 October 2021

  • Consumer Discretionary (1.5%) was the strongest sector and Utilities (-0.53%) was the weakest
  • 10 out of the 11 S&P 500 sectors closed higher
  • 4 out of the 11 sectors outperformed the S&P 500
  • 395 (78.22%) stocks advanced and 110 (21.78%) declined
  • 67.13% of stocks closed above their 200-day average
  • 40.99% of stocks closed above their 50-day average
  • 52.48% of stocks closed above their 20-day average


  • + 8.23%-Freeport-McMoRan Inc(FCX.N)
  • + 5.45%-Ford Motor Co(F.N)
  • + 4.86%-Penn National Gaming Inc(PENN.OQ)


  • -8.08%-Pinnacle West Capital Corp(PNW.N)
  • -6.64%-Lamb Weston Holdings Inc(LW.N)
  • -2.21%-Norwegian Cruise Line Holdings Ltd(NCLH.N)

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