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Got another set of U.S. inflation figures comin’ right up! Will the PPI readings allow this area of interest on Cable to hold?
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We’ve got updates from both Australia & the U.K. today, which makes the ranging price action in GBP/AUD one to watch for a potential short-term play.
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Uncle Sam is about to print its latest inflation numbers! Will the event propel USD/JPY to its July highs?
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With oil inventory data hitting the wires soon, the short-term downtrend in Oil one to watch for a potential short-term setup in the Asia and London sessions.
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I’ve got this simple EUR/NZD break-and-retest setup on my radar for today. Do you think the area of interest will hold?
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Without major catalysts ahead, we’re checking out AUD/NZD for its solid downtrend & potential volatility catalysts from Australia to get trend traders in at better prices.
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I don’t always look at comdoll crosses like AUD/CHF but when I do, it’s because there are observable trends to take advantage of.
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This week’s docket is full of mid-tier reports, and the ones worth watching might be the U.K. quarterly GDP and U.S. inflation figures.
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It looks like NZD was the top dog this week, likely on positive leaning risk sentiment & the very positive New Zealand jobs report.
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It’s NFP Friday, forex fellas! Will we see a strong jobs report or another disappointing one? And how will this dollar pair react?
Read MoreIf you limit your choices to what seems possible or reasonable, you disconnect yourself from what you truly want, and all that is left is a compromise.Robert Frost