I am new and still an amateur but as i look at charts pairing the USD, i find that there was a huge shift on many charts (cad, jpy, euro, aus,…)all happening at the reaction to the major USD indicies (sp, DJ,…) changes. They all bounced on recent jobs data being not as “bad” as expected.
I see general trends that seemed to do a step change…is this type of reaction to short term fundamentals enough to change a country’s general trend? Are these economic reports enough to shift a pair that dramatically? If the US market bounces back will the general trends commence?