In the beginning of this week, it is important to look towards EUR/USD, USD/CAD and GBP/CAD. The GBP/CAD is quite volatile, but we have a good reach for profit here, as EUR/USD is renewing the months long maximum.
The US Dollar continues to lose ground against most of its main competitors, as there has been no good news coming in from the retail sales and CPI. Euro is taking the lead and thus we have two options with the EUR/USD pair.
The USD/JPY pair reached to the fresh multi-week tops, so we are to wait for the Japanese candlestick signals. Gold, on the other hand, pulled back from a strong downtrend, but the future does not seem linear. Take a look!
The U.S. main stock index seems to be slightly unstable, as it is struggling to make a determined move. The economic data today is causing some investor nervousness ahead of the jobs report this Friday.