Market News

Tough week for Aussie bulls as risk aversion sentiment dominated once again, this time on a combo of both the coronavirus pandemic & disappointing economic updates from Australia.

JPY sees gains against the majors on negative vibes from continued coronavirus fears, the Saudi-Russia oil price war, & a global economy likely in recession.

With the U.S. NFP report just around the corner, I thought we should check out USD/JPY for opportunities. What do you think?

CAD is on the move, likely on the spike higher in oil prices. Is this a momentum move in the works & is the support break EUR/CAD the real deal? 

The start of another trading month means we get to see Uncle Sam’s labor market numbers! Here are factors to consider if you’re trading the event.

Another round of mid-tier reports is due from the euro zone, so I’m looking at another euro pair to play the ongoing downtrend.

Short-term pips may be up for grabs in EUR/CHF as the pair breaks a support area on weak global risk sentiment and European PMI data. 

A data-heavy day for both the euro zone and the U.S. got me looking at EUR/USD once again. Which way will the pair go today?

GBP/AUD makes the top of today’s watchlist as the market retests the top of a range, set to potentially make moves on upcoming data from Australia & China.

A handful of mid-tier reports are due from the top euro zone economies in the upcoming session, so I’m waiting for some momentum on this pair.

We’ve got a steady stream of economic updates from Australia, Japan and China that could turn the consolidation in AUD/JPY into a breakout opportunity.

Start your trading prep with a quick review of the latest price action and an overview of catalysts lined up next. I’ve got charts to watch this week, too!

It’s NFP week, yo! What are traders expecting from the event and what other catalysts can move the dollar this week?

No big data release? No problem! Check out the catalysts that might affect the Canadian dollar this week.

Counter currency flows pushed euro and franc pairs around, resulting in a mixed run last week. Will it be the same case this time?

Sterling finally spent some time in the green as it managed to shrug off downbeat data. In the absence of major catalysts this week, can it keep climbing?

Improved market sentiment dragged the yen lower last week. Which catalysts can change its direction this week?

Increased risk appetite pushed the Aussie near the top of the forex heap last week. Check out this week’s catalysts too see if it can maintain its uptrends!

Stimulus from authorities and overall dollar weakness propelled the Kiwi to positive territory last week. Can the bulls maintain their momentum with this week’s catalysts?

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