A ForexTrading.TV Technical Analysis Video Alert for DXY
Forex trading carries a high level of risk and may not be suitable for all investors. It could also result in losses equalling or exceeding your initial investment. Before deciding to invest in Forex trading, you should carefully consider your investment objectives, level of experience and risk appetite. You are strongly advised to carry out your own independent research before making any trading decisions. Any opinions expressed by ForexTrading.TV or its staff or affiliates are solely for general information and educational purposes and do not constitute investment advice in any way. ForexTrading.TV expressly disclaims all liability from actions or transactions arising out of the usage of our content. By viewing our content, you expressly agree to hold ForexTrading.TV harmless against any claims whatsoever and confirm that your actions are at your sole discretion and risk. © 2013 All rights Reserved
Recommended Content
Editors’ Picks
EUR/USD remains above 1.0700 amid expectations of Fed refraining from further rate hikes
EUR/USD continues to gain ground on Thursday as the prevailing positive sentiment in the market provides support for risk-sensitive currencies like the Euro. This improved risk appetite could be attributed to dovish remarks from Federal Reserve Chairman Jerome Powell on Wednesday.
GBP/USD gains traction above 1.2500, Fed keeps rates steady
GBP/USD gains traction near 1.2535 during the early Thursday. The uptick of the major pair is supported by the sharp decline of the US Dollar after the US Federal Reserve left its interest rate unchanged.
Gold price struggles for a firm intraday direction, hover above $2,300
Gold price fails to lure buyers amid a fresh leg up in the US bond yields, modest USD uptick. A positive risk tone also contributes to capping the upside for the safe-haven precious metal. Traders, however, might prefer to wait for the US NFP report before placing aggressive bets.
Top 3 Price Prediction BTC, ETH, XRP: Altcoins to pump once BTC bottoms out, slow grind up for now
Bitcoin reclaiming above $59,200 would hint that BTC has already bottomed out, setting the tone for a run north. Ethereum holding above $2,900 keeps a bullish reversal pattern viable despite falling momentum. Ripple coils up for a move north as XRP bulls defend $0.5000.
Fed meeting: The hawkish pivot that never was, and the massive surge in the Yen
The Fed’s latest meeting is over, and the tone was more dovish than expected, but that is because the rate hike hype in the US was over-egged, and rate cut hopes had been pared back too far in recent weeks.