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We’ve got three central bank decisions lined up this shortened trading week. Brace yourselves for extra volatility, fellas!
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Traders were leaning risk-on in a relatively quiet week, prompting the Kiwi to the top spot with the help of easing covid restrictions in New Zealand.
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It’s NFP Friday, people! If you’re looking to trade this top-tier catalyst, check out this potential triangle breakout on USD/CHF.
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Uncle Sam is about to print reports that may or may not support yesterday’s disappointing ADP report. How will today’s trends affect AUD/USD’s reaction to a resistance zone?
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Will the recent bounce in AUD/NZD draw in technical players to sell into the slow trend lower?
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I’m seeing this neat short-term trend setup on EUR/USD and thinking that the upcoming U.S. data could spur a bounce. Take a look!
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Volatility may pick soon for GBP/AUD with manufacturing PMI updates coming from Australia, as well as housing price updates from the U.K.
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Risk sentiment will probably be the name of the game today, which is why I got my eyes set on AUD/USD’s swing-term downtrend. What do you think?
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We’ve got a steady stream of economic updates from Australia, China, and Japan that could get AUD/JPY moving as it retests and clings on to a strong area of interest at the moment.
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Crude oil and the correlated Loonie might be in for an eventful week! Here’s a nearby inflection point I’m watching on NZD/CAD.
Read MoreEvery trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.Michael Marcus