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Welcome to a fresh NFP trading week, forex friends! Here are major areas of interest and potential catalysts for the major dollar pairs this week!

1-Hour Charts of the Majors

Purple Line: weekly open prices (WO)
Blue Line: weekly highs and lows (PWH, PWL)
Red Line: top and bottom weekly ATRs (tWATR, bWATR)
Blue MA: 100 SMA
Red MA: 200 SMA

EUR/USD 1-hour Forex Chart
EUR/USD 1-hour Forex Chart
GBP/USD 1-hour Forex Chart
GBP/USD 1-hour Forex Chart
USD/JPY 1-hour Forex Chart
USD/JPY 1-hour Forex Chart
USD/CHF 1-hour Forex Chart
USD/CHF 1-hour Forex Chart

Potential Catalysts:

1. NFP-related reports – What’s an NFP week without fanfares over NFP speculations? With last Friday’s U.S. GDP keeping the dollar bears at bay, all eyes will be on this week’s NFP and jobs-related reports to see if Yellen and her team could still make rate hike part 3 happen this year. Think the reports will drag the dollar lower across the baord?

2. RBA and BOE statements – If Lowe’s recent speeches are any indication, then it’s very likely that the RBA will use this month’s meeting as a chance to jawbone their currency some more.

Meanwhile, the BOE will get a chance to follow up on their hawkish rhetoric when they publish their decision on a Super Thursday. Make sure you keep your eyes glued to the tube!

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This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.