Summary
In this session you will see how easy it is to spot the "reversal zones" on the chart using a simple three step methodology. You will also know when to take a trade on these zones and when to leave the market alone. The latter half of the session will be spent looking at the markets from a naked point of view.Latest Live Videos
Editors’ Picks
AUD/USD hangs near one-week low; downside seems limited
AUD/USD trades with a negative bias for the fifth straight day on Wednesday, just above a one-week low touched the previous day, as a weaker risk tone and China's economic woes undermine the Aussie. However, the RBA's hawkish stance could limit deeper losses. Moreover, bets for more rate cuts by the Fed in 2026 keep a lid on the attempted US Dollar recovery, warranting some caution for bearish traders ahead of US CPI on Thursday.
USD/JPY dips as bearish pressure persists despite ETF growth
Ripple is finding footing above $1.90 at the time of writing on Tuesday after a bearish wave swept across the broader cryptocurrency market, building on persistent negative sentiment.
Gold extends the range play around $4,300
Gold edges higher during the Asian session on Wednesday, though it remains confined in a multi-day-old trading range. Dovish Fed-inspired bearish sentiment surrounding the US Dollar, along with the risk-off mood, acts as a tailwind for the safe-haven bullion. However, hopes for a Russia-Ukraine peace deal hold back the XAU/USD bulls from placing aggressive bets. Traders also seem reluctant ahead of the crucial US consumer inflation figures on Thursday.
XRP dips as bearish pressure persists despite ETF growth
Ripple is finding footing above $1.90 at the time of writing on Tuesday after a bearish wave swept across the broader cryptocurrency market, building on persistent negative sentiment.
Ukraine-Russia in the spotlight once again
Since the start of the week, gold’s price has moved lower, but has yet to erase the gains made last week. In today’s report we intend to focus on the newest round of peace talks between Russia and Ukraine, whilst noting the release of the US Employment data later on day and end our report with an update in regards to the tensions brewing in Venezuela.
Here is what you need to know on Wednesday, December 17:
The US Dollar Index (DXY) tumbled below 98.00 on Tuesday, reaching its lowest level since mid-October. The Greenback faced intense selling pressure following a delayed labor report that revealed a significant softening in the US job market, overshadowing weak economic activity data from Europe.