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USD is on the move after the latest statement from the Fed & with economic data coming from Europe, EUR/USD’s uptrend is one to watch for a short-term setup.
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Australia recently printed a downside surprise in its quarterly CPI report. Will this be enough to keep AUD/JPY within its range?
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EUR/JPY broke recent swing highs, but are the bulls done there and ready to take profits or will the momentum higher continue?
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There aren’t a lot of top-tier reports on tap, which means that price action will likely take cues from broad risk sentiment. How will the market themes affect AUD/USD’s range?
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CAD/JPY just broke out of consolidation & with the latest monetary policy statement from the BOJ ahead, will the momentum continue?
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Will it be a bounce or break for EUR/JPY? The pair is sitting at the very top of its short-term range and might take cues from the German Ifo report.
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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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Another slow week for the major currencies as major catalysts were few and far between. USD was once again a big loser, while the rest of the safe havens took the top spots as risk sentiment soured before the end of the week.
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The Eurozone PMIs are out today! Will the numbers affect EUR/JPY’s uptrend?
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It’s the ECB’s turn to announce their monetary policy decision today, and I’m looking out for a bounce or break on this pair.
Read MoreTime is the coin of your life. It is the only coin you have, and only you can determine how it will be spent. Be careful lest you let other people spend it for you. Sandberg Carl