Pip Diddy

With many countries on holiday and the latest U.S. employment update to likely keep traders on the sidelines, we’re checking EUR/USD for a potential setup ahead of the weekend. 

Major Eurozone economies are popping up decent PMI numbers today! Will they be enough to break EUR/CAD’s downtrend?

We’ve got loads of business sentiment updates from both Australia and Europe around the corner, making EUR/AUD one to watch for the session. 

I’m looking at another Kiwi play today, as this technical setup is too hard to ignore. Do you think this area of interest would hold?

AUD/JPY could see some action in the upcoming Asia session with potential catalysts on deck from Australia, China & Japan. 

With not a lot of major economic reports on tap, I’m looking at NZD/CAD’s chart to trade OPEC-related headlines. Can NZD/CAD extend its month-long downtrend?

Sentiment on EUR/JPY has shifted towards negative over the last couple of weeks, so this latest bounce could be another opportunity to play the downside momentum. 

I’m seeing this neat technical play on the short-term chart of USD/JPY, and the retest might be completed soon!

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

USD took the crown this week, likely a reaction to growing fears of another pandemic wave, & possibly on rising expectations of Fed tightening next year as U.S. economic conditions improve.