Weekly Forex Outlook: Key Trades in USD/JPY, AUD/USD, USD/CAD, EUR/JPY

Traders are focusing on a select group of high-conviction setups heading into the new trading week, with USD/JPY, AUD/USD, USD/CAD, and EUR/JPY identified as the primary pairs to watch. The week's outlook is shaped by a combination of shifting risk sentiment, evolving central bank expectations, and key economic data releases on the calendar. USD/JPY remains sensitive to movements in U.S. Treasury yields and Bank of Japan policy signals, while AUD/USD continues to track global risk appetite and commodity market dynamics. USD/CAD is likely to be influenced by oil price fluctuations and any divergence between Federal Reserve and Bank of Canada rate expectations. EUR/JPY, as a cross pair, offers exposure to both European economic resilience and Japanese monetary policy developments. Traders should pay close attention to upcoming U.S. economic releases and any geopolitical headlines that could trigger volatility. Position sizing and risk management will be essential given the potential for sharp moves across these pairs in the current environment.