Market News

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. 

The Eurozone PMIs are out today! Will the numbers affect EUR/JPY’s uptrend?

It’s the ECB’s turn to announce their monetary policy decision today, and I’m looking out for a bounce or break on this pair.

The euro could see a round of increased volatility with tomorrow’s European Central Bank statement. Will Lagarde and company get forex traders moving on EUR/USD?

The BOC is up in a few hours and markets are betting on some tapering from the central bank. How will the decision affect USD/CAD?

GBP/AUD hits the top of the watchlist today as the pair retests a major resistance area ahead of U.K. and Australia economic data. 

I’ve got my eyes on a simple break-and-retest setup for this pair. Can the upcoming catalysts trigger a bounce?

Word through the forex grapevine is that the BOC will be tapering its asset purchases in their upcoming statement. Here’s what you should know.

Checking out this potential consolidation break in the works on GBP/JPY ahead of the monthly employment update from the U.K. 

Breakout alert! European traders are feeling risk-friendly today. Will their U.S. counterparts feel the same way?

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 round of bearish Dollar action after the latest U.S. inflation data, prompting gains in risk-on assets and most of the other major currencies. 

This pair has formed higher lows and higher highs inside a rising channel and is currently testing support. Can EUR/AUD sustain its rally?

Without a major event ahead, the clear range on EUR/JPY may present a short-term opportunity with data ahead from both Japan and the Euro area. 

USD/CHF has been on a downtrend since the start of the month. Will today’s U.S. retail sales release extend the dollar’s weakness against the franc?

Big move higher in AUD/USD today, but is this the end of volatility with the latest employment data coming soon from Australia? 

Bounce or break? USD/CAD is hanging out at the bottom of its short-term range and waiting for the next catalysts for a move.

How much impact did the stimmy checks have on U.S. consumer spending? Here are points you need to know if you’re trading the retail sales report!

With little on the economic calendar, we’re checking out the trend lower on CAD/JPY, which could see some action off of upcoming oil inventory data.