Summary
Support and resistance is by far the most powerful tool a technical trader has in his arsenal. Understanding how to properly identify support and resistance will not only get you into the very best trades the markets has to offer you but will also keep you out of many losing trades that you shouldn’t be in to start with. Many people believe that identifying the levels is all you need to do… however many people lose money in the markets and for very good reason. In this webinar Alex is going to go through the key aspects that make for a strong support and resistance level as well as the price action required at those levels to make them successful. Do not miss this webinar, there are going to be techniques revealed that you probably will have never seen before.Latest Live Videos
Editors’ Picks
EUR/USD: US Dollar comeback in the makes?
The US Dollar stands victorious at the end of another week, with the EUR/USD pair trading near a four-week low of 1.1742, while the USD retains its strength despite some discouraging American data released at the end of the week. The pair edged higher on Friday, after the United States Supreme Court ruled against President Donald Trump's tariffs, although the advance is not enough to change the latest USD flow.
GBP/USD braces for more pain, as 200-day SMA tested
GBP/USD broke the previous week’s consolidation to the downside, as sellers returned with pomp, smashing the major back toward the levels last seen in late January. The pair tested bids below the 1.3450 barrier as the US Dollar strength largely played out throughout the week, while the Pound Sterling stepped back on expectations of divergent monetary policy outlooks between the Bank of England and the US Federal Reserve.
Gold rises to near $5,100 as Trump’s tariffs boost haven demand, US-Iran talks eyed
Gold price edges higher to near $5,095 during the early Asian session on Monday. The precious metal extends the rally amid US President Donald Trump’s tariff threats and uncertainty, boosting safe-haven flows.
Week ahead: Markets brace for heightened volatility as event risk dominates
Dollar strength dominates markets as risk appetite remains subdued. A Supreme Court ruling, geopolitics and Fed developments are in focus. Pivotal Nvidia earnings on Wednesday as investors question tech sector weakness. Yen and aussie diverge; both pound and euro could recoup their losses.
Broadening drivers of growth: Unpacking GDP and looking ahead
This week’s data delivered a familiar theme with an important twist. The U.S. economy continues to be shaped by powerful forces in high-tech and AI-related investment, but recent releases suggest the growth story may finally be broadening. At the same time, trade flows are moving in a less supportive direction, reminding us that not all parts of the economy are pulling in sync.
Week ahead – Markets brace for heightened volatility as event risk dominates:
Dollar strength dominates markets as risk appetite remains subdued. A Supreme Court ruling, geopolitics and Fed developments are in focus. Pivotal Nvidia earnings on Wednesday as investors question tech sector weakness.