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After a two month bounce, USD/CAD bears may be back in control with the help of the Fed yesterday. Is this a shift back into the longer-term downtrend?
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Bears are taking control of USD/JPY & there’s a chance that could turn into a momentum move with the latest Fed statement coming soon.
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It’s likely a busy week ahead for AUD/CAD with top tier data from both Australia & Canada. Will they push AUD/CAD to break support or case the pair to bounce?
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EUR/GBP moved like a rollercoaster this week as it spiked up & down in just two sessions. Was that upside breakout legit, or was it a fakeout with the bears now back in control?
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Could rise of the delta variant the catalyst to push traders back into “safe havens” like the yen? If so, we’re checking AUD/JPY for a potential longer-term bearish play.
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As traders continue to battle between diverging market themes, short-term range plays are definitely setups to watch. Here’s one on AUD/CAD, a pair with good odds the range will not break just yet.
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Will upcoming data from the U.S. & the latest monetary policy statement from the BOC throw USD/CAD off of it’s bull run?
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ADA is now testing a major area resistance area in the past. Will upcoming catalysts be enough to break it higher or will the bears take control?
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USD/CHF may be in the process of a break above a major area of interest. Will the latest U.S. jobs data be what the bulls need to push through?
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Guppy’s had a tough time breaking recent resistance, bringing the pair to a developing support area where bulls may take control once again.
Read MoreThe one resolution, which was in my mind long before it took the form of a resolution, is the keynote of my life. It is this, always to regard as mere impertinences of fate the handicaps which were placed upon my life almost at the beginning. I resolved that they should not crush or dwarf my soul, but rather be made to blossom, like Aaron's rod, with flowers.Helen Keller