Here are the key events for the upcoming week. Time is Singapore time, GMT+8.
EUR/USD: bullish
The pair tested a 2020 high of 1.1916 on Thursday, before closing just below 1.18.
A break above 1.1809 may open up to further gains towards 1.1862, then 1.1937 and 1.1990.
On the flip side, immediate support lies at 1.1735, followed by 1.1681 and 1.1607.
USD/JPY: bullish
Bouncing up from the 2020 low of 104.19 and closing at 105.91 on Friday, USDJPY appears to be turning bullish.
The next resistance is at 106.15 followed by 106.39 and 106.72.
On the other hand, should the pair go below 105.82, support may be at 105.58, followed by 105.25 and 105.01.
AUD/USD: bullish
Next resistance is at 0.7220, followed by 0.7282 and 0.7320.
On the flip side, support is at 0.7119, followed by 0.7081 and 0.7019.
USD/CAD: bearish
USDCAD appears to remain bearish, with the next support at 1.3314, followed by 1.3244 and 1.3201.
On the other side, immediate resistance may be seen at 1.3426, followed by 1.3468 and 1.3538.
This is our general market outlook for next week. Do reach out to us if you have any comments or questions.