EUR/USD and other majors are set to edge up today, with heavy news ahead to drive the market. The following are some of the main factors expected to affect the trading on Wednesday. 09:30 GMT GBP Manufacturing Production This event will probably have the strongest immediate impact on the Pound. Production surprised with a nice rise of [...]

Here is majors’ sentiment for today:

Eur/Usd: Bearish

Gbp/Usd: Bearish

Usd/Chf: Slightly Bullish

Usd/Jpy: Bearish

Eur/Gbp: Slightly Bullish

Eur/Jpy: Bearish

Gbp/Jpy: Bearish

It is worth noting that aside from a few standout correlations (negative and positive) amongst the majors; the relationships in price action across the majors has generally dissipated in recent weeks and months.

Here is majors’ sentiment for today:

Eur/Usd: Slightly Bearish

Gbp/Usd: Slightly Bearish

Usd/Chf: Slightly Bullish

Usd/Jpy: Bullish

Eur/Gbp: Slightly Bullish

Eur/Jpy: Neutral

Gbp/Jpy: Neutral

Here is the hourly perspective updated, before Payrolls. I’m about to start the live coverage.

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2010-03-05.v02.html