News

NZD broke from the risk-off trend to take the top spot among the majors this week thanks to a hawkish move from the Reserve Bank of New Zealand. 

Uncle Sam is printing its retail sales numbers! Will the dollar stay within its short-term range after the event?

I’m seeing upbeat data from Australia and China, so this pair might be due for a bounce off its symmetrical triangle support soon.

GBP/AUD’s tight range may be broken soon with the latest employment updates from both Australia and the U.K. right around the corner.

It’s a big U.S. session trading for both the Loonie and the dollar today, so I figured we should set our sights on USD/CAD’s short-term uptrend.

With the RBNZ monetary policy statement coming soon, we’re checking out NZD/USD for different technical setups to watch out for.

Uncle Sam will be printing CPI data in the New York session, and I’ve got this USD/CAD chart pattern on my radar. Take a look!

We’ve got Aussie and Euro area data up ahead to potential solidify whether or not the resistance break on EUR/AUD is a legit breakout or fake out. 

The trading calendar may not be busy in the next couple of hours, but I’m sure forex traders will be! Here’s why I’m looking at AUD/JPY’s short-term trend.

Start your trading week right by prepping for these top-tier catalysts and checking out my potential trade setup.

Negative pandemic developments was the main theme, benefitting JPY the most. The yen managed to hold on to the top spot among the major currencies despite a risk-on rally on Friday.

I’m seeing a simple break-and-retest setup on USD/CAD. Will the upcoming Canadian jobs release allow support to hold?

The ECB is talking inflation targets and policy adjustments today. Can the event keep EUR/CAD inside its range?

We’ve got Swiss and Japanese economic updates coming soon that may bring some action to the short-term dowtrend in CHF/JPY. 

More and more financial institutions are projecting that the RBNZ will be the first among the central banks to hike. Will this be enough to spur a bounce for NZD/JPY?

With potential economic catalysts from both Australia & Europe, will EUR/AUD push the bulls to retest major resistance once again? 

RBA’s tapering gave the comdolls a boost earlier today. Will the momentum be enough to push NZD/USD above a Double Bottom neckline?

Will the Greenback resume its rally once U.S. traders return to the markets? Here’s an area of interest to watch on USD/CHF.

Start your trading week right by prepping for these top-tier catalysts and checking out my potential trade setup.

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