Monday Moves: Key Insights You Need!

Fresh Monday Market: SNB Chairman Schlegel’s Speech – What to Expect Today

Get ready, it’s a fresh start to the trading week! 🚀

It’s a quiet day for most currencies, but don’t let that fool you—things could still heat up. All eyes are on Switzerland as SNB Chairman Schlegel steps up to the mic. Will he drop hints about the SNB’s next moves or keep it?

Either way, CHF traders, it’s your moment to shine.

So grab your coffee, check those charts, and let’s see what the markets have in store. It’s Monday—let’s make it count! 💹

Today’s Key Economic Events

SNB Chairman Schlegel’s speech could reveal insights into the Swiss National Bank’s policy outlook, impacting CHF pairs.

Potential Market Reactions:

• USD/CHF: Hawkish remarks may push the pair lower, while dovish comments could lift it.

• EUR/CHF: Strong CHF could drag this pair down; a dovish tone may push it higher.

• CHF/JPY: Expect volatility as both are safe-haven currencies.

Tips for Traders:
Watch for key phrases, monitor real-time reactions, and consider broader market sentiment. Stay flexible and adapt as the speech unfolds.

Today's Top 3 Charts: Key Levels You Need to Watch

XAUUSD
Gold remains in a strong uptrend, testing key resistance at 2,790. A breakout could push prices higher, while pullbacks to 2,717 or 2,605 may provide support. Watch price action at these levels for the next move.

EURUSD
EUR/USD has broken above the descending trendline, testing resistance at 1.0522. A sustained move above this level could open the path toward 1.0674. On the downside, 1.0236 serves as key support for potential pullbacks. Watch for reactions at these levels to gauge the next direction.

USDCHF
USD/CHF remains supported by a rising trendline near 0.9050, with resistance at 0.9193 acting as a key barrier. A breakout above 0.9193 could signal further upside, while a break below the trendline may open the door to support at 0.8903. Keep an eye on these levels for potential setups.

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Chart of the Day: USD/CHF vs. 10-Year Treasury & S&P 500

This chart shows USD/CHF (blue) climbing steadily at +4.90%, while the S&P 500 (purple) leads the pack with a strong rally of +6.80%. Meanwhile, US 10-Year Yields (red) are lagging behind at +0.71%, reflecting slower momentum in bond markets.

The dollar's strength in USD/CHF stands out despite the subdued move in yields, hinting at other factors driving the pair. The S&P 500’s rally shows optimism in risk assets, while USD/CHF still benefits from its safe-haven appeal. Keep an eye on how these trends shift as market sentiment plays out. buyers could step in if prices dip. Stay alert for a potential breakout or bounce within these zones.

Market Sentiment Spotlight

USD/CHF

The average sentiment for USD/CHF shows 56.42% of traders are buyers, while 43.58% are sellers. This indicates a slight bullish bias in the market, with more participants expecting USD/CHF to move higher. However, the close split in sentiment suggests potential indecision, so traders should monitor key levels for confirmation.

Trading Psychology Nugget

Let’s talk about resilience—the key to dominating the markets in 2025. In trading, adaptability is everything. Markets are unpredictable, and rigid strategies can hold you back. Staying flexible and ready to adjust gives you the edge to thrive in any conditions.

It’s not about predicting the market; it’s about responding to it. Be open, stay sharp, and keep refining your game.

For more on mastering trading psychology, check out this insightful video: Watch Here.

Trader Poll: How Do You Manage Risk in Your Trades?

1️⃣ Fixed Stop Loss – Do you always set a stop loss at a specific percentage or pip level? 2️⃣ Position Sizing – Do you adjust your trade size based on the risk you're willing to take?
3️⃣ Hedging – Do you open opposing positions to offset risk?
4️⃣ Mental Stops – Do you rely on your instincts to manually exit a trade?

💬 Share your go-to strategy in the comments!

FX Meme of the Day

Upcoming Events to Watch

USD:
CB Consumer Confidence – Watch for potential USD volatility as this key sentiment indicator may impact market direction. A stronger reading could support USD pairs like EUR/USD and USD/JPY.

AUD:
CPI q/q, CPI y/y, and Trimmed Mean CPI – Crucial inflation data releases for Australia. Higher-than-expected figures could fuel AUD strength, impacting AUD/USD and AUD/JPY. Lower readings may signal weakness and lead to AUD selling pressure.

That’s it for today, traders! Stay sharp, stay flexible, and let the markets come to you.
Wishing you good vibes and green pips—let’s make it a great one! 🚀💹

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