Monday, November 9, 2020

🔥 Today’s Featured Pair: EUR/CAD | Here’s What to Expect from JPY, AUD, and NZD This Week

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
November 9, 2020
Trading today? Read this first.
We’ve got big volatility to start the new week, and this clean technical setup on EUR/CAD is one to watch for swing trade in the making. Here's what you need to be on the lookout for.
What to expect from the Japanese yen this week

Japan is printing a bunch of lower-tier reports, but investors are likely to trade the yen as a safe haven this week. Here's a quick list of catalysts you should be on the lookout for!

NZD this week: RBNZ to launch funding scheme?
The Reserve Bank of New Zealand (RBNZ) is up this week! What are markets expecting from the central bank and how could the Kiwi react?
Which among the major pairs are currently bullish/bearish?

Using MarketMilk's long-term Trend Strength tool, we get a quick glimpse at how the major pairs are currently doing:

Will AUD likely take cues from market risk appetite this week?
Not a lot going on in Australia's calendar this week, which means the Aussie will likely take cues from global risk sentiment. Here's a quick list of potential catalysts you need to watch out for!
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 plus, the three charts you need to check out: CAD/JPY, AUD/JPY, and EUR/GBP!
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