Market News

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

Global economic growth fears had traders rushing into USD early on, but the uncertainty faded later on positive geopolitical updates & U.S. employment data to push USD to a net loss performance for the week.

A relatively quiet week for Sterling but overall, the pound outperformed a majority of the majors despite weak U.K. economic updates and continued Brexit uncertainty.

Global risk sentiment & counter currency flows was the likely driver for the mixed price action among euro pairs this past week, while the Swiss franc ends the week as a net loser on weak economic updates from Switzerland.

Geopolitical risks & global economic growth worries took down the Loonie to ranking as the worst major currency of the week. 

After a rough start to the week on net weak NZ updates, the Kiwi recovered to net winner status on improving global risk sentiment as geopolitical risks & global growth fears faded towards the end of the week. 

The latest RBA interest rate & monetary policy decision hit the Aussie hard but the damage was limited thanks to positive trade US-China war rhetoric & economic updates from Australia.

JPY bounced back from last week’s terrible outing, riding higher to the top spot on a renewed focus on global growth fears & rising geopolitical risks. 

The latest U.S. jobs update is coming this Friday, so we’ll check out EUR/USD, for short-term opportunities to play the likely spike in volatility for the Greenback tomorrow.

Ready for a potentially volatile trading session? Here’s what you can expect from Uncle Sam’s NFP release!

A big risk-off day in the markets, coupled with more European business sentiment survey data coming soon makes this channeling pattern on EUR/JPY one to watch for the next session or two. 

It looks like Aussie bears are sitting pretty after the RBA cuts rates to historical lows. Here’s a quick update on my AUD short positions (AUD/USD & AUD/CAD) and what I’m doing next. 

With the RBA cutting interest rates & manufacturing sentiment disappointing all over the globe, this simple consolidation breakout in AUD/JPY may be a very interesting short-term opportunity.

The highly anticipated rate decision from the Reserve Bank of Australia is right around the corner, & price action in AUD/NZD seems to have opportunities setting up for any kind of bias.

Start your trading prep with a quick review of last week’s forex action from my buddy Pip Diddy, an overview of catalysts lined up for the major currencies, and the charts to watch this week.

It’s NFP week, yo! Are you ready to trade the dollar? Here are catalysts that might affect its price action!

Countercurrency price action and risk sentiment ruled the Loonie’s price action this week. Will it dance to its own tune this week? Here are the potential catalysts!

A bunch of medium-tier reports are comin’ right up from both the euro zone and Swiss economy this week. How might their currencies react?

A handful of major economic reports are lined up from the U.K. this week, but the spotlight would likely stay on Brexit. Here’s what you should watch out for.

Who’s up for trading the yen this week? If you are, then you better check out which catalysts can affect its price action!