Part 1: Previous Session Recap

Yesterday was a focused and constructive session, but not one to overstate. We took one trade in AUDUSD, closed it as a winner, and finished with a net result of +43.5 pips. A 1W / 0L day is always welcome, especially when the trade is concentrated in a single pair and the execution stays clean.

The key takeaway is discipline rather than volume. There was no need to force additional exposure after the AUDUSD move delivered. With major central bank risk now directly in front of us, protecting yesterday’s progress matters more than chasing late entries into thinning liquidity.

Part 2: Today’s Outlook & Watchlist

Today starts with a heavy Asia-Pacific calendar. The AUD Cash Rate and RBA Rate Statement are due at 00:30 UTC, followed by the RBA Press Conference at 01:30 UTC. Then, at 02:30 UTC, the BOJ Press Conference brings additional event risk for yen pairs.

AUDUSD remains the primary watch after yesterday’s clean move. The setup is not about guessing the rate decision; it is about how price reacts to the statement language, inflation guidance, and any shift in the RBA’s tolerance for a stronger or weaker currency. Initial spikes can be unreliable, so we will be watching for a clear post-news structure before considering continuation or reversal ideas.

USDJPY is also on the board due to the BOJ press conference. Yen pairs can move sharply when policy tone, bond market comments, or intervention language changes. If liquidity becomes disorderly, standing aside is a valid trade decision.

• Reduce size around the release windows.
• Avoid entering on the first impulsive candle unless the plan is already defined.
• Wait for spreads to normalize before judging levels.
• Respect yesterday’s gains; today is an event-risk session, not a volume target session.

Overall bias is conditional. AUDUSD and USDJPY both have room to trend if the policy tone surprises, but the better edge is likely to come after the first reaction is absorbed and market direction becomes clearer.