Market News

Watching the downside break in GBP/JPY as risk sentiment leans negative & the BOE hits the market with more QE!

The BOE is up in a few hours! Have you decided on a pair to trade yet? Check out GBP/JPY’s chart to see if you can take advantage of the setup!

With price action consolidation in NZD/USD, will the upcoming GDP update from New Zealand spark a breakout opportunity? 

This pound pair is deciding whether to make a bounce or a break from support, and the upcoming U.K. CPI release could determine where it goes!

The bears are back into AUD/JPY, continuing its renewed trend lower. Will the upcoming Aussie & Japanese data keep the momentum going?

Heads up, pound traders! Word through the forex grapevine is that the BOE is set to boost its easing efforts during this week’s policy statement.

The U.K. is printing its labor market reports today! Will it lead to GBP/JPY going back to its June lows? Or will it motivate bulls to break above some key resistance levels?

AUD/USD hits the top of the watchlist for the session as the pair leans bearish with the global markets gives us negative vibes. 

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

Can the Greenback maintain bullish momentum last week? Or were the bears just taking a breather?

No major news from Canada this week, which means the Loonie’s price action will take its cues from risk sentiment again. Which catalysts should you watch out for?

Franc pairs could steal the forex show this week as the SNB is scheduled to make its policy announcement. Any changes expected?

It’s gonna be an exciting week for pound pairs as the U.K. jobs report is due, followed by the BOE’s monetary policy decision.

The BOJ is up this week! Will Governor Kuroda and his team keep policies unchanged as expected? More importantly, how will the yen react to the event?

With China printing a bunch of top-tier reports and Australia printing its labor market numbers, the Aussie has plenty of opportunities to recoup last week’s losses.

Global risk aversion did the Kiwi dirty last week. Luckily, we have a couple of hot catalysts to watch. Think they will push the comdoll higher?

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

A strong bounce in the U.S. dollar’s performance this week, likely a reaction to the shift in negative economic outlook from the Fed & on reports of spiking coronavirus cases.

GBP pulled back from last week’s gains thanks to a round of negative economic outlooks and fears of a resurgence in coronavirus cases. 

EUR & CHF were net gainers as traders focused on rising negative global risk sentiment, & possibly on the re-opening & stimulus themes from Europe.