Given that all bad news have minimal impact on the market, risky assets continue to be the choice for traders.
XAU, AUD, NZD and CAD are still taking the lead.
Tomorrow 5AM (GMT+8) RBNZ will providing a Financial Stability Report while BOC’s Poloz will be testifying. If these two events provide volatility, then there might be good setups to trade.
If NZD goes down, I’d go long on NZDJPY, NZDUSD or short GBPNZD.
If NZD goes up, I’d go long AUDNZD or XAUNZD.
If CAD goes down, I’d go long on CADJPY or short GBPCAD, EURCAD.
If CAD goes up, I’d go long AUDCAD or XAUDCAD.