Market News

Heads up, pound traders! BOE policymakers have a huddle coming up this week, and their decision will be announced on Thursday’s London session.

AUD/CHF may see some action in the upcoming Asia session with the latest monetary policy statement from Reserve Bank of Australia. Will the short-term downtrend continue? 

There aren’t a lot of top-tier reports scheduled in the U.S. session, so I’m looking to the Eurozone’s PMIs to provide volatility for majors like EUR/USD. Here’s a setup that I’m looking at!

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

I’ve rounded up FOUR mechanical forex strategies right here to see how they performed recently. Take a look!

The major currencies were a mixed bag this week, and it looks like it was a risk-on vibe with the Canadian dollar rising to the top while the yen and euro were net red.

We’ve got a handful of mid-tier reports from the eurozone, and these might be enough to take EUR/USD back down to a nearby correction level where buyers are waiting.

The U.S. is about to release its first growth numbers for the year! Will speculations and the actual release be enough to cause a short-term reversal for USD/JPY?

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. 

Australia recently printed a downside surprise in its quarterly CPI report. Will this be enough to keep AUD/JPY within its range?

We’re getting a first look at the U.S. economic recovery for 2021! How will the release affect the dollar’s trends?

EUR/JPY broke recent swing highs, but are the bulls done there and ready to take profits or will the momentum higher continue? 

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?

Governor Powell and his team will be under the spotlight this week! Can they help the dollar recover some of its losses?

CAD/JPY just broke out of consolidation & with the latest monetary policy statement from the BOJ ahead, will the momentum continue? 

It could be a big week for AUD/USD traders as we’ll get top tier catalysts from both the U.S. and Australia. Will we finally see a break above the longer-term consolidation? 

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.

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

I’ve rounded up FOUR mechanical forex strategies right here to see how they performed recently. Take a look!

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.