Overall developments in the markets are unchanged for the week. US stocks continued with recent up trend overnight. Dollar, Yen and Swiss Franc extended near term decline. New Zealand and Australian Dollars are the strongest one, followed by Euro and then Sterling. Main focus will now turn to US non-farm payroll report. High volatility is anticipated with the release, as that's a crucial factor in determining Fed's tapering schedule. Technically, Yen crosses took another step forward with EUR/JPY's break of 130.54 resistance. That suggests completion of correction from 134.11 at 127.91. Sustained trading above 130.54 will confirm near term bullishness for a test on 134.11 high ahead. We'll now pay some attention to 81.56 resistance in AUD/JPY. Firm break there will align with near term bullishness in NZD/JPY and EUR/JPY. The stage would be set for AUD/JPY to retest 85.78 high later. In Asia, at the time of writing, Nikkei is up 1.81%. Hong Kong HSI is down -0.54%. China Shanghai SSE is down -0.15%. Singapore Strait Times is down -0.21%. Japan 10-year JGB yield is up 0.0061 at 0.041. Overnight, DOW rose 0.37%. S&P 500 rose 0.28%. NASDAQ rose 0.14%. 10-year yield dropped -0.008 to 1.294. | 