USD/JPY is trading at 143.802, 0.34% up since previous day close. The YEN rallied on Friday after BoJ Governor Ueda hinted for a change in monetary policy; raising the chances of interest rate hike. On data front, the Japan’s Current Account figure rose to 2.62T from 2.01T in the previous month & the Final GDP Price Index grew by 5.3% from 5.1% previously. These turned out to be positive for USD/JPY. Globally, the mixed US Dollar ahead of the release of U.S Non-farm Payroll data which is to be issued today made the other currencies to trade volatile. As seen in the chart, the pair successfully crossed down the major Fibo levels; however, the buying bias may be recommended in YEN against the USD if the pair continues to trade below the Fibo level 61.8.

WTI Oil is trading at $71.07, 0.09% down since previous day close. The Oil prices seems to be trading mixed amid mixed global cues. Also, the traders are looking forward to the result of U.S Baker Hughes report & U.S NFP data which are to be issued today. The U.S EIA report showed a fall in Oil inventory level by 4.6 mbpd against the expected fall of 1.3 mbpd; which failed to cushion the prices. The prices lowered down as fear strikes in over lesser demand from China amid soft economic outlook. Besides this, the voluntary OEPC+ oil output cut of 2.2 mbpd decision was announced in its latest meeting which subdued the prices. Wait & watch strategy may be adopted for the day in WTI Oil.

AUS200 is trading at        7208, 0.22% up since previous day close. An upside can be observed in AUS200 following an upward momentum in other global markets as optimism hovers over less hawkish FOMC monetary policy. The traders & investors remain cautious over upcoming U.S Non-farm Payroll data due today which will impact USD & equity markets. Earlier in this week, the Reserve Bank of Australia (RBA) left an interest rate steady at 4.35% as expected which slightly cushioned the index AUS200. The weak Chinese economic outlook will remain vital for AUS200; for Australia & China are the trading partners. As seen in the chart, the index AUS200 successfully crossed over the major Moving Averages & hence, buying on lower levels may be recommended for the day.