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Summary
During this session, Sam will apply his supply/demand market timing strategy to the major global markets. Join Sam for this live Forex and Futures trading session.
From now on, Sam will be present two webinars per month, one open and one Premium. Enjoy them!
Don't miss the opportunity to enjoy and learn with Sam Seiden. You'll be able to ask him all your doubts on Forex and live market timing.
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Editors’ Picks
AUD/USD bounces back toward 0.6950 after RBA Bullock's comments
AUD/USD is seeing a sharp turnaround toward 0.6950 in the Asian session on Friday, following the hawkish commentary from RBA Governor Michele Bullock. A pause in the US Dollar advance also underpins the Aussie's recovery. However, the further upside appears limited amid a risk-off market environment.
Gold reverses a dip to $4,650 as bargain hunters emerge
Gold price is reversing a sharp sell-off to near $4,650 in the Asian session on Friday, re-attempting the $4,800 level. The precious metal finds fresh dip-buying demand amid broad risk aversion. Gold fell in early trades, extending the previous decline as traders cover losses from equities and adjust positions. The preliminary reading of the Michigan Consumer Sentiment Index report will be eyed later on Friday.
USD/JPY drops back below 157.00, as focus shifts to Japan snap election
USD/JPY is back in the red below 157.00 in the Asian session on Friday. The Japanese Yen recovers ground against the US Dollar amid some profit-taking ahead of Japan's snap general election on Sunday. The preliminary reading of the Michigan Consumer Sentiment Index report for February will be released later on Friday.
Bitcoin and top cryptos plummet further as analyst terms market crash 'structural'
Bitcoin has declined below $65,000 on Thursday, down 11% over the past 24 hours. The move marks its largest decline since the October 10 leverage flush. Since then, the top crypto has erased more than 50% of its value since the October 10 leverage flush.
The AI mirror just turned on tech and nobody likes the reflection
Tech just got hit with a different kind of selloff. Not the usual rates tantrum, not a recession whisper, not even an earnings miss in the classic sense. This was the market staring into an AI mirror and recoiling at its reflection.
Here is what you need to know on Friday, February 6:
Financial markets revolved around European central banks’ monetary policy decisions. First, BoE delivered a dovish hold, spurring near-term weakness to the British Pound as the Monetary Policy Committee voted 5–4 to maintain the Bank Rate at 3.75%, with Governor Andrew Bailey saying "there should be scope for some further easing of policy" later this year.