Pip Diddy

Cable is hanging out at a strong area of interest, and the upcoming U.S. flash PMI releases might spur a big move. Will the support-turned-resistance level hold?

The U.S. session is light on data releases today so I’m looking to the ECB’s event and overall risk sentiment for EUR/AUD’s price direction.

With the ECB’s event coming soon, we’re checking out this simple technical setup on EUR/JPY ahead of what could be a very volatile session for the euro. 

I’m looking at another potential short Loonie play since crude oil continues to take hits. Will this area of interest on CAD/CHF hold?

AUD/JPY hits the top of the watchlist for the Asia and London sessions as traders may see continued volatility with economic updates ahead from both Australia and Japan.

There aren’t a lot of data releases in the next couple of hours, which points to the major currencies extending their intraweek trends. What do you think of USD/CAD’s uptrend?

Will EUR/AUD bulls continue the upside break with the economic events ahead from both Australia and Europe? 

The lack of top-tier releases over the next few hours might just be enough to keep Cable inside its range. Do you think this support level would hold?

The main events for this week include the ECB decision and eurozone July PMIs. Here’s what market analysts are expecting and what I’m looking to trade.

NZD broke from the risk-off trend to take the top spot among the majors this week thanks to a hawkish move from the Reserve Bank of New Zealand.