Pip Diddy

CAD traders were battling between global risk sentiment, positive Canadian updates and rising oil prices to close out what was a mostly choppy, mixed week as a net loser.

NZD took the top spot this week, likely on the recent shift away from negative rate speculation & on counter currency weakness.

AUD turned out a mixed performance as traders balanced global risk sentiment against positive Aussie jobs & falling expectations of negative rates from the RBA. 

The Japanese yen nearly takes the top spot this week, finding support as global risk sentiment stayed mostly negative all week. 

Bounce or break? This pair is testing a key inflection point and could be due for either a continuation or reversal of the trend soon.

This consolidation breakdown on AUD/CAD hits the top of today’s watchlist as it could draw in technical traders for a potential swing position. 

Coronavirus concerns weighed on high-yielding currencies like the comdolls, while the pound dipped further on an a lack of Brexit deal. Check out how you can take advantage of GBP/USD’s uptrend!

We’ve got the latest employment update coming soon from Australia, which makes this consolidation pattern on AUD/JPY for a potential breakout setup!

I’m thinking of going with the flow on EUR/JPY’s short-term and long-term downtrend. Take a look at these potential pullback areas!

Without major catalysts expected ahead, we’re checking out a technical setup in GBP/NZD, a pair that could return to its steady downtrend after today’s bounce.