Market News

AUD/JPY pulled back to start the week, bringing the market to technical levels to watch for several different short-term opportunities. 

Start your trading prep with an overview of catalysts coming up. I’ve got some chart setups to keep tabs on, too!

Will the Greenback go back to its downtrend this week? Or can the bulls extend their party for a few more days?

A light economic calendar means that Loonie traders will likely turn to countercurrency events and broad market themes for direction.

Sterling was off to a weak start for the year, as Brexit and a new wave of lockdown measures weighed on the British currency. Can it recover this week?

There’s not much in the way of major reports from the region, but a fresh set of political troubles in Italy might keep things interesting.

Positive risk sentiment tanked the safe-haven yen last week. Check out this week’s potential catalysts to see if the bulls can sneak in a pip or two in the next few days!

The Aussie started the year on the top of the forex heap last week. Can the bulls pull back-to-back wins?

Not a lot going on in New Zealand over the next few days, which means NZD will likely take cues from countercurrencies and broad market themes.

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

USD traders were mixed as they tried to balance unprecedented political developments and terrible job numbers against positive business sentiment updates. 

The British pound starts off 2021 on the same foot as 2020–a weak one that’s likely due to renewed lockdown measure to battle the surge in coronavirus cases.

Mixed week for the euro as traders priced in record cases, extended lockdowns & disappointing economic news from Europe over positive vaccine news. 

Mixed price action from the Loonie this week as traders tried to balance positive oil moves, geopolitical headlines, and net negative economic updates from Canada. 

With an extremely light calendar from New Zealand this week, it’s likely the Kiwi’s gains were mainly driven by positive broad risk sentiment & positive news for the Aussie.

It’s likely the combination of better-than-expected economic updates from Australia & overall positive global risk sentiment were the drivers for the Aussie’s gains this week.

JPY began the new year as the one of the biggest losers among the major currencies. likely driven by a positive lean in broad risk sentiment.

Ready to trade the NFP release? If you’re still looking for setups, then you’ll love to learn that USD/JPY is flirting with a key inflection point right now. Check it!

NZD/USD has been in a solid trend higher, and today’s pullback may be an opportunity for the bulls to play at slightly better prices. 

Welcome to the first NFP release of 2021! You’ll definitely want to read the answers to four questions about the report if you’re planning on trading the dollar tomorrow!