Summary
In this webinar, Greg Firman covers the following points: 1. Inter market analysis and how it applies to the Forex market 2. A review of some of the major pairs and how to apply inter market analysis when making a trade decision. 3. Combining Inter market correlations with supply and demand 4. Trading the ranges and how to play the breakout. 5. Multiple time frame analysis for short term positions 6. Proper stop placementLatest Live Videos
Editors’ Picks
AUD/USD drops and pops after softer Aussie CPI, near 0.6750
AUD/USD reverses a quick downtick to near the 0.6720 region to test 15-month highs at around 0.6750 in Wednesday's Asian session. The pair experiences light volatile trading following the release of softer Australian consumer inflation figures, which tempered bets that the RBA could opt for a rate hike next month.
USD/JPY stalls upside near 156.80 as USD meets fresh supply
USD/JPY has stalled its renewed upside near 156.80 in the Asian session on Wednesday, consolidating above 156.50. The renewed US Dollar selling remains a drag on the pair even as a cautious market mood keeps the haven demand for the Japanese Yen somewhat underpinned. All eyes are on the key US data releases.
Gold sees profit-taking decline after facing rejection at $4,500
Gold price sees a decline on profit-taking after facing rejection at $4,500 in the Asian trading hours on Wednesday. Despite the pullback, the traditional safe haven remains underpinned by geopolitical tensions and expectations of Fed rate cuts. The US ADP Jobs data, JOLTS Job Openings Survey and ISM Services Purchasing Managers Index report will be published on Wednesday.
Top Crypto Gainers: JasmyCoin rallies as Cosmos and Bittensor retreat
JasmyCoin, Cosmos, and Bittensor are among the top-performing cryptocurrency assets in the last 24 hours. JasmyCoin leads the rally with double-digit gains, and bulls are targeting further gains, while Cosmos and Bittensor struggle to extend their gains after six consecutive days of recovery.
Implications of US intervention in Venezuela
Events in Venezuela are top of mind for market participants, and while developments are associated with an elevated degree of uncertainty, we are not making any changes to our markets or economic forecasts as a result of the deposition of Nicolás Maduro.
