Pip Diddy

EUR & CHF closed net positive this week, likely on the better-than-expected economic & sentiment data from Europe, as well as positive rhetoric from the ECB.

The BOC gave CAD a boost mid-week, but disappointing employment data from Canada was able to deflate bullish sentiment ahead of the weekend. 

After gains mid-week on positive broad risk sentiment the Aussie was sent lower on disappointing retail sales data from Australia to close as a net loser.

Positive global risk sentiment and better-than-expected consumer inflation data from NZ were the likely drivers for the bullish move in the Kiwi this week. 

JPYbears won out the week as Japanese data disappointed on net and despite some positive commentary from the Bank of Japan. 

It’s PMI day for the European economies but I have a feeling that London traders will look to market sentiment for direction. Are you also seeing this “breakout” on Cable?

We’re checking out EUR/USD today as we may get one more potential shot of volatility for the euro ahead of the weekend. 

Anyone up for trading the euro ahead of the ECB decision? Here’s a potential setup you might wanna look into!

Checking out AUD/JPY ahead of top tier catalysts from both Australia and the Bank of Japan. Will it bring in the bulls or bears on this Fibonacci setup? 

The majors are in for a busy day with U.K.’s CPI, Biden’s inauguration, and BOC’s statement due in a few hours! Here’s why I’m looking at GBP/USD for a short trading opportunity.