The USDCHF is one of those assets whose price action has become decidedly muted over the last several days and weeks, following the coronavirus market crash in early March. Diminished adverse volatility and the general transition of the market within a decisive range-trading environment, are both indications of an asset's stabilisation in the wake of a substantial market turmoil. [...]

A trader's job is to be constantly looking for congruency in all indicators that he or she uses when picking an asset for trading. When 2,3 or more underlying indicators all point to the same likely outcome concerning the price action of a particular asset, the probability of the market panning out in that way is increased. [...]

The market has now had some time to price in the tempestuous employment data in the US and Canada from last week, which has jolted the short term price action on the USDCAD at the end of last Friday's trading session. At present, the pair's price action appears to be subdued, with the underlying market pressures being slightly tilted to the downside. [...]

The currencies of top economies in the East Pacific region, notably those of New Zealand and Australia, were already put under much strain in the months leading up to the global coronavirus outbreak for a number of reasons. Chiefly, the geopolitical landscape in the region was such that the previously escalating trade war between the US and China was exacerbating the trade difficulties for New Zealand and Australia [...]

In the Forex market, the Euro and the Dollar are the two go-to currencies, which investors and traders scramble to when there is general uncertainty. Whenever the operations of the global economy are jeopardised by an external factor, such as the case now with the coronavirus pandemic, the demand for safe-havens is bolstered tremendously. [...]

The US dollar has been at the centre of traders and investors’ interest over the last few months as the global markets were rattled by the increasingly more volatile economic turmoil that is caused by the coronavirus pandemic. The greenback has once again taken the role of a global safe-haven asset, as individuals all over the world scrambled to hedge the risks they are facing from the ongoing market uncertainty. [...]

The GBPCAD has been consolidating in a narrow range over the past several days due to the massive uncertainty that is weighing down on the global markets. The current situation is quite volatile, and as a result of that, the price action on the currency pair has become overly erratic due to the swiftly changing underlying market sentiment. [...]

The price action on the EURJPY pair has been fluctuating erratically over the last several trading days as the global developments keep affecting the underlying market pressures. The seemingly endless string of developments in the Eurozone and Japan has prompted massive upsurges followed by sudden plunges in the underlying price action, which has already confused many traders. [...]

Australia and New Zealand were the first advanced economies after China to be hit by the coronavirus’ economic fallout, as the outbreak was on its way to becoming a global pandemic at the start of last month. That is so because of their massive dependency on trade with China, which only recently started lifting off its restrictions as the COVID-19 epidemic started to subside. [...]

The EURUSD has had turbulent few weeks, in which the underlying volatility defining the price action of the world’s two most popular currencies has increased drastically. Sudden surges followed by equally startling collapses in demand have prompted severe fluctuations in the pair’s price action, which is currently being inspired by dramatic shifts in tone in the continually developing coronavirus situation. [...]