Market News

AUD/USD may be finding support ahead of the RBA’s decision! Will the pair make new December highs in the next trading sessions?

NZD took the top spot as the RBNZ rate statement gave FX traders more reasons to be bullish, while EUR struck out hard on weakening data from the eurozone.

It was another rough one for Dollar bulls as traders continue to price in future Fed rate cuts, benefiting most of the other major assets in the process. 

We’re looking at a comdoll v comdoll battle today as we check out NZD/CAD’s short-term range ahead of Canada’s labor market data. Will the pair stay within its range today? Or will we see a breakout?

USD/CAD is locked inside a tight range ahead of today’s Canadian GDP and U.S. core PCE releases! Is the pair in for a breakout? Or will USD/CAD traders take advantage of the pair’s support and resistance zones?

Cable just pulled back from its weekly highs! Are we looking at a retracement opportunity in the making?

Who else is looking at NZD/USD ahead of the RBNZ’s decision? If you are, then you’ll want to see this 1-hour setup before the event!

NZD/CAD is testing (and turning lower) from a previous high. Think the pair’s short-term range will play out in the next trading sessions?

The Kiwi took the top spot without a major catalyst from New Zealand, followed by the Aussie and Sterling thanks to relatively hawkish central bank speak. 

Broad risk sentiment leaned positive but price action was mostly choppy as traders digested sentiment data, central bank speak, & geopolitical developments. 

AUD/CAD is making its way back up the charts! Think we’re about to see another period of higher lows and higher highs from the pair?

Who else is looking at EUR pairs ahead of the ECB’s meeting minutes? EUR/JPY may be ready to make new weekly highs today. What do you think of this 15-minute chart?

Not feeling like trading the U.S. dollar today? We’ve got our eyes on AUD/CAD possibly reversing from its short-term trend! What do you think?

AUD/USD looks ready to bounce from a short-term area of interest! Will we see a trend continuation before and/or after the FOMC’s meeting minutes release?

If you’re looking for USD-related trades, then you might like to shake things up by starting your week with spot gold (XAU/USD) trading!

The Aussie led the pack with Australian data pointing to persistent inflation, while USD lagged due to emerging signs of declining inflation in the U.S.

The U.S. CPI update took center stage to influence broad risk sentiment, as well as U.S. dollar & bond yield sentiment big time throughout the week.

Canada is about to drop lower-tier economic data amidst lower oil prices! How will today’s themes affect EUR/CAD’s intraweek trend?

How will today’s calendar events influence USD demand? Let’s take a closer look at one of the closely-watched USD pairs: Bitcoin (BTC/USD!)

AUD/CHF is consolidating after a big upswing and before Australia’s labor market data release! Which way will the pair go in the next trading sessions?