This week, we look into 3 potential setups: USDCHF, NZDUSD, and GBPAUD.
Next week is certainly not the normal December session as we have numerous key events in line. With the expectation of further strength and weakness in the USD and CHF respectively, we would be looking for opportunity to long USDCHF.
Fundamental of NZD is still weak with the possibility that RBNZ will further cut their rate in December. We have GDT Price Index coming out next week, and we are expecting it to come out negative, pushing the Kiwi lower.
For GBPAUD, we are looking to mainly capture the sentimental shift in GBP after the dovish tone from BoE, and the overall neutral stance in Aussie.