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First the price bounced off 1.4155 POC to 1.4200 then the break of 1.4115 towards 1.4066

Both parties have been happy

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The EURUSD is standing at very important POC 1.1145-60. This is 4h support and POC ( T-89 , Inner Trend Line, Historical Bullish Order Block). If EURUSD wants to go up it should spike from POC else we might see a drop towards 1.1055 -a historical BPC pattern. On the chart we can easily identify POC with T-89 and the support EURUSD is currently standing at.If the pair rejects next level is 1.1220 then1.1270 and 1.1340 but if the pair doesn't reject than 1.1055 is in sight with 1.1020 and 1.0980 as next levels.
So pay attention to bounce to the upside and if don't see the bounce than 1.1055 will be exposed.

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Previous Session Recap +80 to +120 pips Sign up here

+40 now

Yesterday's AUDUSD analysis on Session Recap webinar has already been respected as AUDUSD moved +50 pips from POC also providing us with the cue where the GBPAUD may go. As you can see from the correlation table which is a part of Admiral Markets Supreme Edition AUDUSD and GBPAUD are moving in the opposite direction that is indicated by a strong negative index -92. As my Session Recap analysis predicted AUDUSD rejected straight from 0.7570 while GBPAUD continued north.
Technically there is still a scope for more upside on GBPAUD pair. After tanking that happened after Head and Shoulders breakout, V shaped reversal turned the pair to the upside.1.8820-40 is POC zone and the pair is trying to reach 1.8915. If H1/H4 candle closes above 1.8915 we should see 1.8950 and 1.9015 if 1.8950 breaks. Momentum in strong - as indicated by a Price Action zigzag + MACD above 0 so GBPAUD is in buy the dips mode and a potential breakout of H3 level.

GBPAUD big bounce happening as planned!

Attached Image (click to enlarge)

EURUSD rejected from 1.1160 as planned. Facing resistance now 1.1340 is resistance.

USDJPY Analysis PRE ADP Read it HERE

Commodities and Equities prices have rebounded from their interim lows of Early February 2016, and it has resulted with strong gains across these markets. Clearly this has been a risk-on scenario, causing AJ to be bullish during this period as well. Equities are reaching key resistance levels and are showing signs of market fatigue by the End of this Quarter and Month. This shows that risk-off sentiment may come back to the fore, meaning it could be a nice setup for a short position on AJ.
Technically 86.15-30 zone (now moment sellers, WPP, 50.0) is POC, and the pair should ideally be contained below the zone and below the trend line (blue with red rectangles). If h4 confirms the shooting star we may see more downside for the pair. We also have a bullish T-89 but what we also see is giant bearish divergence that additionally confirms my opinion about fundamental and technical outlook. The price is at 85.90 at the moment of writing this analysis. Now what we could also see is a possible spike to POC (because of bullish T-89 and general uptrend) towards 86.15-30 zone (now moment sellers, WPP, 50.0) where we could see possible sellers. The first target is 85.65 and only a 4h close below (or strong H1 momentum) will target 85.17.
Have in mind that this is a counter trend analysis due to above mentioned factors + divergence and if the pair goes above 86.70 the bearish outlook will become invalid.

Good pips on AJ - completely correlated to equities

Nice Work Tarantula... Traded equities to the downside for good pips too.

EURUSD Exclusive Analysis with FXstreet

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The AUD pair is heavily correlated to Iron ore as the world's largest iron ore exporter. Recently Iron ore price has spiked up and that happened after China announced huge infrastructure investments (they will import Iron ore heavily) so that might be good for AUD currency. The pair showed good numbers in the change in the number of new building approvals issued and worse result in retail sales. You can see it in the calendar.
Technically AUDUSD is in uptrend and H4 is showing a clear up channel. The POC comes within 0.7560-0.7580 (L4, 78.6) and if the pair proceeds towards POC the new wave of buyers should show up spiking the price towards 0.7620 and 0.7740. Only if price breaks 0.7740 the way towards 0.7805 will be open. However pay attention to 0.7510 as the 4h close below will negate bullish scenario.

+60 pips rejection from POC AUDUSD

Today the most important event is FOMC minutes where FED will be providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates and future guidance of their economic policy. I personally expect dovish FED minutes because on last meeting chief Yellen implied that only 2 instead of 4 rate hikes would be appropriate for 2016. If the FED confirms and repeats the same outlook today,than they will probably explain it deeper so the minutes should be dovish. Currently I am ruling out April hike and I will be paying a close attention to ANY clue of next interest rate timing. But as with FED its never 100 % sure.
Technically EURUSD is consolidating after a nice move to the upside.As I have showed on previous Session Recap the EURUSD has rejected straight from 1.1330 POC zone reaching 1.1405 and that was good to fill our day with green pips before FOMC. Traders should pay attention to 1.1335 to the downside as the break below will expose 1.1300 and 1.1225. To the upside 1.1435 is the important resistance and the break above will expose 1.1450 and 1.1500. Dovish minutes should spark another rally (buying the dip or a direct bounce) in EURUSD but if the FED surprises us with a hawkish statement then I expect EURUSD to drop.

BetFair odds for NO rate hike in April are $1.01 / $1.03

I haven't checked this against the implied probabilities the money markets are giving, so would be interesting to see.

Will be interesting to see if there is any language that comes out of the FOMC which improves those odds - in which case you could get some reaction on the USD crosses