Pip Diddy

Mixed week for Loonie pairs as Canada’s nearly empty calendar allowed for global risk sentiment and counter currency flows to drive their price action. 

After a slow and choppy early week of trading, Kiwi pairs saw some directional action off of global risk sentiment and counter currency flows.

Buyers were ready to jump in on Aussie pairs, even on dips, as Australian & Chinese data improved and on RBA comments.

Global risk-sentiment rose late in the week to drive away the early week demand for safe haven currencies like the yen. 

For today’s watchlist, we’ve got a simple technical restest setup on AUD/USD after a resistance break ahead of Chinese & U.S. data ahead.

For today’s watchlist, we’ve got a simple triangle setup on GBP/AUD with potential catalysts from both Australia and the U.K. just ahead

Slow start this week with a lack of top tier news or data catalysts, so were sticking with a range setup on USD/CAD for potential short-term pips

The dollar got some last-minute boost from the NFP report last week. Can this week’s catalysts extend its bullish run?

Not a lot going on in Canada in the next few days. Does this mean that oil prices will dictate its moves?

The shared currency found a couple of reasons to climb last week, but could these positive vibes be erased by the upcoming ECB statement? Here’s what might happen.