Pip Diddy

There are no major reports due in the next trading sessions, so I’ll just keep tabs on this neat technical play on GBP/AUD.

Up ahead is a slew of low to mid-tier economic updates from both Japan & the Euro area that may keep EUR/JPY moving in its current rising channel. 

The Fed’s meeting minutes will be published today! Will the event give the dollar bears a chance to short at higher prices?

We’ve got a potential Fib retracement setup in the works on AUD/NZD, which could pick up speed with the latest Australian PMI and NZ commodity prices data right around the corner. 

Is a short-term reversal underway for EUR/USD? This might be an opportunity to catch a quick pullback before a potential uptrend takes place.

Will the latest monetary policy statement from the Reserve Bank of Australia spark big moves in EUR/AUD? 

The U.S. will be printing mid-tier economic data today. Will they be enough to bust USD/JPY out of its consolidation?

Start your trading week right by prepping for these upcoming major events and checking out this potential trade setup!

In a relatively subdued trading week, NZD took the top spot as positive broad risk sentiment recovered on falling bond yields & positive business sentiment.

I’m looking at this long dollar setup ahead of an expected upbeat NFP report later today. Think USD/CHF could bounce off any of these levels?