Market Open Price Action Jump

hey everyone,

I was wondering if anyone knows why the market would jump up or down 20-40 pips right when the market opens up from the weekend? What is it exactly that sparks the jump?

I'm guessing its fundamental data that was released over the weekend?

Price action does not stop on the weekend. Your broker may cease activity Friday afternoon, but price doesn't sleep. That's why it 'appears' to gap up or down when we are able to start trading at the beginning of the week. In reality - it's not a 'jump' - it's just the difference between when your platform ended last week and where price action is currently.