Sam Seiden
Independent Analyst
Summary
It is well known that most breakout traders fail. The key to success is knowing two key pieces of information. First, when is a real sustainable breakout likely to happen? Second, how to properly enter a breakout trade. During this session, Sam will cover these two points to help you understand and trade breakouts better.Latest Live Videos
Editors’ Picks
EUR/USD bounces off lows near 1.1600
EUR/USD no gathers some steam and bounces off daily lows near the 1.1600 region. The pair’s daily pullback comes on the back of the firmer tone in the US Dollar amid rising Treasury yields and better-then-expected US data releases from the job market.
GBP/USD remains offered below 1.3300
GBP/USD is coming under renewed pressure, surrendering its earlier gains and retreating toward the area below the key 1.3300 support, always on the back of the bid bias in the Greenback and despite earlier hawkish comments from BoE poliymakers.
Gold keeps the bid tone near $4,200
Gold is still holding a positive tone around the $4,200 zone per troy ounce on Tuesday, though it’s starting to lose a bit of steam as the US Dollar finds support from stronger-than-expected jobs data. Even so, markets remain confident the Fed will move ahead with a rate cut on Wednesday, which ultimately lends support to the yellow metal.
Crypto Today: Bitcoin, Ethereum, XRP trade under pressure amid mixed technical signals
Bitcoin is trading above $90,000 at the time of writing on Tuesday amid sticky risk-off sentiment in the broader crypto market. Altcoins, including Ethereum and Ripple, are paring losses, holding above key support levels.
Global economic outlook 2026: Financial system risk, trade, public debt
The global and European economies have been resilient in recent years even accounting for the modest global slowdown of 2025. But risks for the recovery are rising, underscoring a negative medium-run global macro and credit outlook.
Here is what you need to know on Tuesday, December 9:
The AUD gathers strength against its rivals on Tuesday, following the RBA's policy announcements. In the second half of the day, JOLTS Job Openings data for September and October, and weekly ADP Employment Change data from the US will be watched closely ahead of the Fed's highly-anticipated policy meeting.