As somewhat expected....the NFP circus !

with NFP data holding well and jobless rate shows optimism, investors are again riding on the wave of bullish momentum; going back into risky assets. Hours after the release, investors had somewhat feel that the economy is slowly recovering and are rushing into GOLD, STOCKS and high yielding currencies, The AUD looks to challenge the resistance at 0.9100 and EUR/USD is holding well above the 1.3550 support level; Gold is well above 1130. Despite the optimism the problems in Greece is still far from over, but investors are just ignoring it for the moment. On the whole, if we see continued improvement in the comin NFPs result, we might expect the continuation of the bull market this year. As for EUR/USD, i still see that the best approach will still be shorting the rallies as the fundamentals of the pair is still unchanged. Important resistance is still at 1.3800/50.