Summary
The Oscillator strategy is a simple technique for short term trading in forex and commodities. During this session Jack will be introducing users to the basics of the strategy including entry, trade management and techniques for optimising it in trading. During this time Jack will also be taking any trading related questions that you may have offering a trading related prize to the best question.Latest Live Videos
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LIVE: US Dollar struggles to rebound after weekly Jobless Claims data Premium
The US Dollar is finding it difficult to stage a rebound following the selloff seen after April inflation data on Wednesday. The data from the US showed on Thursday that weekly Initial Jobless Claims declined to 222K from 232K but failed to provide a boost to the USD.
EUR/USD stays below 1.0900 after US data
EUR/USD stays in negative territory below 1.0900 in the American session on Thursday. The US Department of Labor reported that there were 222,000 first-time application for unemployment benefits last week, limiting the USD's recovery and helping EUR/USD limit its losses.
GBP/USD corrects lower after testing 1.2700
Following Wednesday's upsurge, GBP/USD stretched higher and touched a fresh multi-week high at 1.2700 in the Asian session on Thursday. With the market focus shifting to US Jobless Claims data, the pair corrects lower in the European trading hours.
Gold finds resistance near $2,400, retreats toward $2,380
Gold advanced toward $2,400 on Wednesday as US Treasury bond yields pushed lower following the April inflation data. The modest rebound seen in yields combined with the US Dollar's resilience, however, causes XAU/USD to retreat toward $2,380 ahead of US data.
Bitcoin likely to return to all-time high of $73,949, QCP Capital says
Bitcoin (BTC) price is likely to rally back to $74,000 in the coming weeks, it's all-time high reached in March, riding on three bullish catalysts, according to crypto trading firm QCP Capital.