Monday, November 2, 2020

🇺🇸 USD This Week: Eyes on Election Results | Today’s Featured Pair: AUD/USD

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
November 2, 2020
Trading today? Read this first.
Today, Pip Diddy's checking out AUD/USD ahead of the potential volatility coming for the Aussie from the upcoming Reserve Bank of Australia’s latest monetary policy statement.
USD this week: Eyes on election results

Dollar traders are in for a busy week as markets are set to price in an FOMC statement, NFP release, AND the highly awaited U.S. election results.

What to expect from the EUR in the coming days
A dovish ECB and lockdowns in the Eurozone weighed on the euro last week. Can the bulls improve their game this week?
USD/CHF's current trend-following rating: Bullish

Both short-term and long-term trend-following ratings for USD/CHF are bullish! Take closer look at the data using MarketMilk:

This week's potential AUD catalysts

The RBA is up this week! Will the central bank cut its rates as markets are expecting? How could the Aussie react? Here's Pip Diddy with a list of events you need to be on the lookout 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, and the three charts you need to check out: USD/CADNZD/USD, and EUR/JPY!
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