The weekly candles are closed — time to take stock. AUD/USD owned the week, pushed higher to 0.7205 (+0.59% on the week), while USD/JPY had the roughest ride, ending at 156.22 (-2.44%).
The week on the board
- EUR/USD 1.1621 (+0.28% on the week)
- GBP/USD 1.3517 (-0.17% on the week)
- USD/JPY 156.22 (-2.44% on the week)
- AUD/USD 0.7205 (+0.59% on the week)
- USD/ZAR 15.95 (-1.35% on the week)
- Gold (XAU/USD) 4,477 (-0.02% on the week)
Stories that shaped the week
- USD/MXN Price Forecast: Peso rally targets April 2024 low *(FXStreet)*
- Malaysian Ringgit: BNM hawkish tilt supports MYR – Commerzbank *(FXStreet)*
- USD/CHF Price Forecast: NFP rally stalls at 0.8100, retraces *(FXStreet)*
- Indonesian Rupiah: Two-way risks around support levels – OCBC *(FXStreet)*
- investingLive Americas market news wrap: Big beat for non-farm payrolls *(ForexLive)*
- Chinese Yuan: Services PMI rebound keeps PBoC cautious – Commerzbank *(FXStreet)*
The week ahead
- No high-impact releases scheduled.
Lesson of the week: Size from the stop, not from hope
Decide your stop-loss distance first, then calculate lot size from your fixed risk percentage. Never pick a lot size and hope the stop fits. Our free lot size calculator does the math.
Heading into a new trading week, re-check your risk plan: the prop firm calculator translates your firm's limits into a safe risk-per-trade, and the risk of ruin calculator shows the odds your current sizing survives a losing streak.
*This briefing is generated from live market data and public news feeds for information only. It is not investment advice. Trading forex and CFDs carries a high risk of loss — read our risk disclosure.*
