Trade Ideas

USD/JPY had a pretty solid run this past week after breaking consolidation. But is a pullback ahead with the latest U.S. jobs update coming soon?

EUR/JPY might be in for a short-term turn back to the downside as buyers run into an area of previous strong resistance. 

There aren’t a lot of potential data catalysts scheduled this week, but I have a feeling that EUR/USD will see more action than the other majors.

Starting off the new week with this potential technical setup on USD/CHF, ahead of this week’s U.S. employment update. Will support hold if retested?

I’ve got my eyes on this simple retracement play on the 1-hour chart of EUR/AUD as the pair approaches an area of interest.

This potential bearish reversal on EUR/USD is for you longer-term playas out there…Is the turn lower legit after retesting previous highs? 

I’m looking at a simple trend setup on the 4-hour time frame of USD/CAD, as the pair tests the top of its descending channel.

Today I’m checking out CAD/CHF as the pair is poised to resume its uptrend, potentially with help from the Swiss National Bank tomorrow.

Commodity currencies are on shaky footing lately, but it seems that the Kiwi is the weakest of them all. Here’s a short NZD play on my radar.

The euro may be ready to make some moves with the latest Euro area PMI’s set to release. Will this range setup on EUR/GBP draw in sellers if the data disappoints? 

With COVID fears rising in Europe and Euro area PMI’s coming this week, EUR/CAD’s bounce is one to watch for a potential short play. 

CAD is a top performer in 2021, likely on expectations of a pandemic recovery & the oil rally. Is this week’s CAD/JPY dip another buying opportunity? 

NZD/JPY just hit a trend line support near the 4-hour 100 SMA. Think the Kiwi will extend its gains against the yen?

The BOE is up today! Will Governor Bailey encourage pound-buying? Or will GBP/USD succumb to a key range resistance?

USD/CHF is among the top potential movers in spot FX when the Fed gives its statement later today, giving traders both short-term & longer-term setups.

NZD/CAD moves up the watchlist with top tier economic updates coming soon from both New Zealand & Canada. 

Gold bears have calmed down a bit on it relentless pressure on the shiny metal. Is the recent bounce another opportunity for bears to short at better prices? 

Bond yields spike higher once again! Will they continue to be a driver of US Dollar strength and equity weakness?

Spotted this neat long-term ascending channel setup! Is the pair due for another bounce off the channel bottom and area of interest?

CAD/CHF traders have been laying low, but will tomorrow’s employment update get the party going again?