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Forex: EUR/USD testing session lows around 1.3020

The bloc currency is retreating to session lows on Wednesday, after the US private sector added 198K jobs during February, exceeding the median at 170K although lower than January’s 215K (revised up from 192K).

Next on tap would be the US Factory Orders and the Fed’s Beige Book.

At the moment, EUR/USD is losing 0.20% at 1.3024 facing the next support at 1.3010 (low Mar.5) ahead of 1.2982 (low Mar.4) and then 1.2966 (2013 low Mar.1).
On the upside, a breakout of 1.3075 (high Mar.5) would expose 1.3085 (MA10d) and then 1.3101 (high Mar.1).

Forex: GBP/USD testing support at 1.5080 after US ADP

The GBP/USD has fallen on the heels of a upbeat economic data in the United States Wednesday. A previous upside attempt was halted at 1.5104, causing the pair to decline at the onset of American trading in recent moments. At the time of writing, the cross has settled at 1.5073/76, down -0.35%.
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Forex: USD/JPY hits fresh high after ADP report

The dollar moved slightly higher versus the yen and reached a marginal new high for the day after the ADP report showed US private sector added more jobs than expected in February, reaching its highest in a year at 198K.
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