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8 Forex Trading tips for 23rd September

8 Forex Trading tips for 23rd September

Read Friday’s forex trading tips ahead of the Canadian inflationary and retail sales data. Markets saw FED keep rates unchanged earlier this week? Are you bullish on CAD?

23rd September AtoZ Forex – Read today’s forex trading tips as we end the week with further opportunities for traders , with focus on CAD. Will CAD appreciate?

High impact news

There are two (2) high impact news events today.

# 1 CANADA –@ 1:30pm BST

Core CPI m/m– Previous 0.0%; Forecast 0.2%; Currency affected: CAD

Forex Trading Tips – Market expectation is an improved core data compared to previously and if the actual data is greater than forecast expect CAD appreciate.

 # 2 CANADA –@ 1:30pm BST

Core Retail Sales m/m – Previous -0.8%; Forecast 0.5%; Currency affected: CAD

Forex Trading Tips – Market expectation is an greatly improved retail sales compared to the previous month and if the actual data is greater than forecast expect CAD appreciate.

Currency Pairs – Daily Forex Trading Tips

#3 AUD forex trading tips

The AUD performance was neutral in the Asian session.

Forex Trading Tips – On intraday (H1 TF) the bias currently is on the bullish against CAD, CHF, EUR, GBP, NZD, USD and bearish JPY

#4 CAD forex trading tips

The CAD performance was choppy in the Asian session.

Forex Trading Tips – On intraday (H1 TF) the bias currently is on the bearish against  CHF, JPY, NZD and bullish GBP, USD.

Also see: Daily Free Forex Signals

#5 EUR forex trading tips

The EUR performance was  neutral except being bullish against GBP in the Asian session.

Forex Trading Tips – On intraday (H1 TF) the bias currently is on the bullish against the GBP and bearish AUD.

#6 GBP forex trading tips

The GBP performance was bearish in the Asian session.

Forex Trading Tips – On intraday (H1 TF) the bias currently is bearish AUD, CHF, CAD, EUR, JPY, NZD and bullish against JPY.

#7 JPY forex trading tips

The JPY performance rallied in the Asian session.

Forex Trading Tips –On intraday (H1 TF) the bias currently remains bullish against the AUD, CAD, CHF, GBP, NZD and USD.

#8 USD forex trading tips

The USD recovered some of its lost ground against some of currencies overall direction was bullish in most of the Asian session.

Forex Trading Tips –On intraday (H1 TF) the bias currently is on the bearish direction against the AUD, CAD, CHF, EUR, JPY, NZD and bullish – neutral GBP.

Think we missed something? Let us know in the comment section below!

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.