Monday, September 21, 2020

👀 3 Charts to Watch This Week: GBP/JPY, EUR/GBP, and AUD/CHF | Today’s Featured Pair: USD/CAD

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
September 21, 2020
Trading today? Read this first.
Risk sentiment is solidly negative to start the new week making this technical setup on USD/CAD definitely one to watch!
It will be a busy week ahead for both EUR and CHF

This time we’ll see tons of PMI reports from the Eurozone. Meanwhile, the SNB has an announcement scheduled. Here's Pip Diddy's list of potential catalysts to be on the lookout for!

Ever lost 400 pips in one week?

That's exactly what happened to Huck' trend-catcher system! Three trades sank it by 394 pips. Ouch!

All green for USD as of today

Although it looks like USD/JPY is an exception. For the data pictured below, we used the 1D time interval, real-time price stream and normalized base currency on MarketMilk:

What to expect from NZD this week
Will the RBNZ event extend the Kiwi’s gains across the board? Or will it inspire some major profit-taking? Here's Pip Diddy with a list of events that might move the Kiwi this week.
3 charts to watch this week

Here's a quick review of what happened to the major currencies last week, a preview of what this week is gonna look like and, the three charts to check out this week: GBP/JPY, EUR/GBP, and AUD/CHF!

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