Brandon Wendell, CMT
Online Trading Academy
Brandon will be discussing how he identifies entry and exit points on multiple timeframes when trading the forex markets. He will examine how to locate and judge the quality of the zones before taking a trade.
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Editors’ Picks
EUR/USD remains pressured after US data misses estimates
EUR/USD has rocked and rolled in response to US consumer data. The Federal Reserve's critical meeting is in the spotlight. Mid-September's daily chart is painting a mixed picture. The FX Poll is pointing to short-term falls and a bullish trend afterward.
GBP/USD trades under 1.38 amid on UK data, dollar strength
GBP/USD is on the back foot, trading under 1.38 after UK Retail Sales figures disappointed with -0.9% in August, worse than expected. Brexit uncertainty and dollar demand weighed on the pair earlier.
USD/JPY retakes 110.00 mark, moves back closer to weekly tops
USD/JPY gained follow-through traction for the second consecutive session on Friday. Hawkish Fed expectations pushed the US bond yields higher and remained supportive. A softer risk tone, a modest USD weakness did little to hinder the positive momentum.
Editors’ Picks
EUR/USD remains pressured after US data misses estimates
EUR/USD has rocked and rolled in response to US consumer data. The Federal Reserve's critical meeting is in the spotlight. Mid-September's daily chart is painting a mixed picture. The FX Poll is pointing to short-term falls and a bullish trend afterward.
GBP/USD trades under 1.38 amid on UK data, dollar strength
GBP/USD is on the back foot, trading under 1.38 after UK Retail Sales figures disappointed with -0.9% in August, worse than expected. Brexit uncertainty and dollar demand weighed on the pair earlier.
Gold bears in driver's seat as focus shifts to FOMC
Gold started the week in a relatively calm manner and continued to fluctuate in the previous week’s horizontal channel on Monday. Gold's technical outlook turned bearish following Thursday's sharp decline. Next target on the downside for XAU/USD is located at $1,730.
Experts say Ripple will win SEC lawsuit, which might propel XRP to new all-time highs
The latest development in the ongoing SEC vs. Ripple lawsuit is that documents are classified as privileged and blocked for public viewing. Though institutional investors are yet to take big bets on the altcoin in 2021, retail investors are actively trading in XRP.
Central Bank fest
In terms of central bank meetings, the week ahead is one of the busiest. No fewer than 13 central banks hold policy meetings, divided between six major and seven emerging markets. While the significance of US monetary policy for the world makes the FOMC meeting a highlight.
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