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Summary

Watch and listen as Mark de la Paz, professional trader and mentor, gives you a glimpse into the FX Instructor Live Trading Room. Learn from his analysis, technique, and trade planning as he watches the market for setups, discusses his strategies, executes trades, and answers all your questions. Watch, listen, and participate, as Mark turns his knowledge and experience into market advantage. The Live Trading Room is a virtual trading environment in which traders of all skill levels can collaborate, discuss, and learn, in the presence and guidance of professional forex mentors.
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Editors’ Picks

AUD/USD remained bid above 0.6500

AUD/USD remained bid above 0.6500

AUD/USD extended further its bullish performance, advancing for the fourth session in a row on Thursday, although a sustainable breakout of the key 200-day SMA at 0.6526 still remain elusive.

AUD/USD News

EUR/USD faces a minor resistance near at 1.0750

EUR/USD faces a minor resistance near at 1.0750

EUR/USD quickly left behind Wednesday’s small downtick and resumed its uptrend north of 1.0700 the figure, always on the back of the persistent sell-off in the US Dollar ahead of key PCE data on Friday.

EUR/USD News

Gold holds around $2,330 after dismal US data

Gold holds around $2,330 after dismal US data

Gold fell below $2,320 in the early American session as US yields shot higher after the data showed a significant increase in the US GDP price deflator in Q1. With safe-haven flows dominating the markets, however, XAU/USD reversed its direction and rose above $2,340.

Gold News

Bitcoin price continues to get rejected from $65K resistance as SEC delays decision on spot BTC ETF options

Bitcoin price continues to get rejected from $65K resistance as SEC delays decision on spot BTC ETF options

Bitcoin (BTC) price has markets in disarray, provoking a broader market crash as it slumped to the $62,000 range on Thursday. Meanwhile, reverberations from spot BTC exchange-traded funds (ETFs) continue to influence the market.

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US economy: slower growth with stronger inflation

US economy: slower growth with stronger inflation

The dollar strengthened, and stocks fell after statistical data from the US. The focus was on the preliminary estimate of GDP for the first quarter. Annualised quarterly growth came in at just 1.6%, down from the 2.5% and 3.4% previously forecast.

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