Market News

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. 

G’day forex mates! It’s time for yet another event preview as the Land Down Under gears up to release its jobs report for the month of October.

Is it me or is Cable on a low key uptrend on the 1-hour time frame? Check out this setup if you’re looking for a pair to trade in the next few hours!

With broad risk sentiment in positive mode and Brexit drama never-ending, we’re checking out this down trending pattern in GBP/AUD for potential short-term pips. 

Start your trading prep with a review of last week’s price action and an overview of catalysts coming up. I’ve got some chart setups to keep tabs on, too!

While election uncertainty bubbles in the background, dollar traders will price in any and all coronavirus-related updates that might affect Uncle Sam’s growth trends.

Will this week’s data releases dictate the Loonie’s trends? Or will crude oil and risk appetite headlines dominate the comdoll’s prices?

Sterling managed to shake off bearish vibes from downbeat data last week to emerge a net winner. Can it keep up its lucky streak?

Market sentiment has pushed these European currencies around recently, but the focus could shift back to the virus and lockdown measures.

A risk-on sentiment killed the yen’s vibe last week. Will the bulls have opportunities to shine this week?

The RBA minutes is up and Governor Lowe will be giving pressers this week. Will he hint at further easing?

New Zealand has a light data calendar this week, which means Kiwi trading will likely depend on countercurrency moves and market risk appetite.

Mixed performance from USD this week, overall leaning towards positive at the Friday close thanks to counter currency flows & late week negative risk sentiment.

Despite weak jobs data & continued Brexit uncertainty, GBP was a net winner on the week, likely due to the counter currency flows & the big spike in positive risk sentiment. 

Positive global risk sentiment and dovish commentary from ECB members lead to a negative week for both the Swiss franc and euro.

There were no major catalysts from Canada this week, so CAD’s relative under performance was mainly due to risk sentiment, oil & counter currency flow.