Market News

CAD easily took the top spot as oil strength, positive risk vibes & improved Canadian fundamentals had traders flowing into the Loonie all the way into the weekend.

The NFP report is up in a few hours! Will the release push USD/JPY past the big 112.00 resistance?

Risk-taking picked up in the past sessions, as global inflation concerns eased. Will this be enough to spur a breakout for NZD/JPY?

With no major catalysts expected ahead for currencies, we’re turning to ETH/USD for some potential short-term action.

The U.S. ADP report is up in a few hours! Will the release highlight the Fed’s taper plans? More importantly, will the results extend the dollar’s intraweek gains?

The latest monetary policy statement from the RBNZ is right around the corner, making the downtrend bounce in NZD/USD one to watch for potential short-term pips. 

All eyes and ears are on the RBNZ decision! But will the actual event spur profit-taking instead? Here’s a Kiwi setup I’m watching.

We’ve got the latest monetary policy statement from the RBA coming soon, making the consolidation in AUD/JPY one to watch for potential short-term moves!

Market playas went back to worrying about the Evergrande fallout! Will this mean another trip higher for USD/CAD?

Got couple of central bank decisions and the NFP lined up this week! Is the RBNZ finally ready to hike? And will the U.S. jobs report confirm a November taper?

Forex pairs were mixed & choppy this week, indicating that traders put a little bit more weight on individual currency stories, rather than just focusing on broad market themes & risk sentiment. 

Evergrande woes are back in play and weighing on the higher-yielding Aussie. Will risk-off flows persist the upcoming session?

Will the dollar domination continue through today’s U.S. session trading? How will USD/JPY’s moves affect NZD/JPY’s mid-range support?

GBP/AUD hits the top of the watchlist this afternoon as we’ll soon get economic updates from Australia, China and the U.K. Will the data spark enough volatility for a short-term opportunity? 

This pair is moving sideways these days, and price is back to testing the range support. Will it hold or break this time?

GBP fell on the session as traders pulled back on the potential fuel crisis & rising U.S. yields. Will traders continue to push the pound lower or will they fade the move in the upcoming Asia session? 

Higher oil prices supported the Canadian dollar a few trading sessions ago. Will Powell’s speech bring the focus back to the U.S. dollar?

Australian & Chinese updates may get the Aussie jumping in the upcoming Asia session, making the rally in AUD/JPY one to watch as it approaches a resistance area. Will it break or will sellers take control? 

I’m seeing several inflection points lining up on this AUD/NZD area of interest. Is the trend still my friend on this one?

It’s all about central bank speeches and mid-tier reports this week, which might be a good time to book profits as the quarter comes to a close.