Summary
There is a widespread misconception when it comes to trading using Pivot Points and for the most part only partial information is taught. We've brought in Analyst Navin Prithyani again to share with us his "Re-engineered Pivot Point" methods with attendees here at FXStreet. The analyst has been featured on various publications online and offline and is known to simplify complex forex trading for everyone to understand. Be sure to register and reserve your seat today.Latest Live Videos
Editors’ Picks
AUD/USD leaves the door open to extra gains
AUD/USD adds to Tuesday’s uptick and approaches the key 0.6700 barrier as the NA session draws to a close, all amid the pronounced retracement in the US Dollar following the Fed’s interest rate cut. Next of note in Oz will be the release of the November jobs report.
EUR/USD climbs to multi-week tops near 1.1700
EUR/USD rapidly leaves behind four consecutive daily pullbacks, challenging the 1.1700 hurdle in response to the severe sell-off in the Greenback as investors continued to evaluate the Fed’s rate cut and the neutral message from Chief Powell. Next on tap on the docket will be the weekly US labour market report on Thursday.
Gold extends gains beyond $4,230 in the Fed’s aftermath
Gold prices are up after the US central bank's monetary policy announcement, trading around $4,230 as Asian traders reach their desks. A better market mood limits demand for the safe-haven metal, but broad US Dollar weakness skews the risk to the upside.
Ethereum Price Forecast: ETH eyes $3,470 as ETF inflows show returning demand, derivatives remain muted
Traditional investors are playing a key role in Ethereum's (ETH) recent recovery after weeks on the sidelines. Ethereum exchange-traded funds (ETFs) drew in $177.6 million on Tuesday, marking a second consecutive day of positive performance and their highest inflow since October 28, according to SoSoValue data.
Fed projects only 50 bps of additional rate cuts between 2026 and 2027; lifts GDP forecasts
The Federal Open Market Committee’s (FOMC) latest dot plot, released on Wednesday, indicates that interest rates will average 3.4% by the end of 2026, in line with the September projection.
Here’s what to watch on Thursday, December 11:
The US Dollar (USD) sold off sharply on Wednesday, as investors continued to digest the largely anticipated rate cut by the Federal Reserve, while the updated “dots plot” surprised no one.