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Ready for another busy week for the dollar? Here are possible inflection points and market catalysts for EUR/USD, GBP/USD, USD/JPY, and USD/CHF!

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. Top-tier U.K. reports – This week the U.K. will publish its inflation AND jobs numbers. And since both will be printed right before the BOE’s policy decision, I think a lot of traders will pay attention. Read Forex Gump’s trading guide if you want to see what you should expect!

2. BOE and SNB policy decisions – We’ve already heard from the RBA, BOC, and ECB last week so this week we’ll have a chance to see what the BOE and SNB have to say. Market geeks aren’t really expecting changes from the central banks, but pay attention to their biases/jawboning for clues on their policy directions!

3. US-related updates – With only a week before the Fed prints its policy decision, dollar traders will pay close attention to U.S.-related news. Keep your eyes glued to the tube for updates on Trump’s tax reform, possible economic toll of recent hurricanes, and maybe even the debt ceiling’s prospects after the three-month extension.

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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.