No important events in the economic calendar but the technical picture is promising. Let's take a look at AUD/USD, NZD/USD, USD/JPY, and USD/CAD.
Tag - jpy - japanese yen
The economic calendar doesn't provide interesting events to trade on. Let's take a look at the technical setup to get signals. EUR/USD, GBP/USD, USD/JPY, and XAU/USD are under consideration.
The economic calendar signals pressure on the GBP and the JPY due to the central banks' meetings.
AUD/JPY finds itself at the crossroads of several trends - we will use various time frames to foresee the possible scenarios.
GBP/JPY is correcting down after the excessive advance that it made on the news that Boris Johnson’s Conservative Party has won the UK election.
American Retail Sales and Core Retail Sales may boost the USD.
CNY/JPY is a good proxy for traders’ optimism. The technical setup for it is also quite interesting.
The day will be highlighted by American economic releases.
NFP data will highlight the first Friday of the month.
What will move markets at the end of the year.
What will shake markets today
A rebound in China's manufacturing sector has lifted up market sentiment. The JPY declined, while the AUD and the NZD went up. Watch the video to learn more!