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With the latest monetary policy decision from BOE, Sterling is likely to move in the upcoming London session. Here’s the scenario I’ll be on the lookout for today.
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EUR/USD is now trading below the big 1.2000 handle. Can the bears sustain a longer-term dowtrend for the euro?
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Will the upcoming NZ jobs data help the bears with the recent move lower in NZD/USD or bring back the bulls to play the longer-term uptrend?
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I’m watching this textbook correction play on NZD/CHF just before New Zealand prints its quarterly jobs report. Will the pair resume its slide?
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AUD/CHF may see some action in the upcoming Asia session with the latest monetary policy statement from Reserve Bank of Australia. Will the short-term downtrend continue?
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There aren’t a lot of top-tier reports scheduled in the U.S. session, so I’m looking to the Eurozone’s PMIs to provide volatility for majors like EUR/USD. Here’s a setup that I’m looking at!
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Start your trading week right by prepping for these upcoming major events and checking out this potential trade setup!
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The major currencies were a mixed bag this week, and it looks like it was a risk-on vibe with the Canadian dollar rising to the top while the yen and euro were net red.
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We’ve got a handful of mid-tier reports from the eurozone, and these might be enough to take EUR/USD back down to a nearby correction level where buyers are waiting.
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The U.S. is about to release its first growth numbers for the year! Will speculations and the actual release be enough to cause a short-term reversal for USD/JPY?
Read MoreAlways listen to the experts. They'll tell you what can't be done and why. Then do it.Robert Heinlein