Head of Market Analysis Anthony Cheung delivers a look ahead for the session. Topics covered include:

- Explaining morning prep routine and tips (1:57​).

- How to read and trade an unforeseen sell-off in markets (5:14​).

- Powell reiterates dovish stance (11:35​).

- Summary of calendar events today (13:47​).

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Editors’ Picks

EUR/USD: A downside break of an ascending triangle looks imminent at 1.0500

EUR/USD: A downside break of an ascending triangle looks imminent at 1.0500

The EUR/USD pair is juggling in a minor range of 1.0518-1.0531 in the early Tokyo session. The confluence of the Ascending Triangle formation and Inverted Flag has strengthened the greenback bulls.

EUR/USD News

GBP/USD approaches 1.2260 hurdle ahead of BOE/Fed leaders’ comments at ECB Forum

GBP/USD approaches 1.2260 hurdle ahead of BOE/Fed leaders’ comments at ECB Forum

GBP/USD portrays corrective pullback from weekly low, snaps two-day rebound. Mixed concerns ahead of key data/events join firmer UK second-tier statistics to underpin recovery moves. BOE’s Bailey has a tough task but Powell’s recent failure to please hawks keep pair buyers hopeful.

GBP/USD News

USD/JPY slips beneath 136.00 on upbeat Japan Retail Trade, softer yields, focus on Fed’s Powell

USD/JPY slips beneath 136.00 on upbeat Japan Retail Trade, softer yields, focus on Fed’s Powell

USD/JPY consolidates weekly gains during Wednesday’s sluggish Asian session, refreshing intraday low around 135.90 by the press time. In doing so, the yen pair snaps a three-day uptrend around a one-week high.

USD/JPY News

Editors’ Picks

AUD/USD jumps above 0.6900 as Aussie Retail Sales surprise positively

AUD/USD jumps above 0.6900 as Aussie Retail Sales surprise positively

AUD/USD is picking up fresh bids, jumping back above 0.6900, as the Australian Retail Sales surprise to the upside with 0.9% in May. The US dollar eases alongside yields amid persisting risk-off mood. Powell eyed. 

AUD/USD News

USD/JPY slips beneath 136.00 on upbeat Japan Retail Trade, softer yields, focus on Fed’s Powell

USD/JPY slips beneath 136.00 on upbeat Japan Retail Trade, softer yields, focus on Fed’s Powell

USD/JPY consolidates weekly gains during Wednesday’s sluggish Asian session, refreshing intraday low around 135.90 by the press time. In doing so, the yen pair snaps a three-day uptrend around a one-week high.

USD/JPY News

Gold eyes further downside towards $1,800, Fed Chair Powell in focus

Gold eyes further downside towards $1,800, Fed Chair Powell in focus

Gold Price remains on the back foot around $1,820, despite the recent bounce off intraday low. In doing so, the yellow metal prints a three-day downtrend as traders await the week’s key data/events amid a sluggish Asian session on Wednesday.

Gold News

Compound price: You won't believe how high COMP can rally

Compound price: You won't believe how high COMP can rally

Compound's COMP price could be a very favorable digital asset in the coming weeks. This article is meant to inform investors of data excluded on Tradingview's Binance, Coinbase and Kucoin exchanges for reasons that have yet to be explained. 

Read more

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