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Summary

Trading around major economic or news events can lead to significant losses if you don’t know what you’re doing, or big profits if you do.  During this session, Sam will share the rule he uses that leads to profits and protects against losses.  He will also demonstrate this in the live market for daily and weekly income in addition to building and protecting wealth


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EUR/USD: Stuck in a range, the odds of an aggressive Fed rate cut drop

EUR/USD continues to trade a narrow range amid falling odds of an aggressive easing by the US Federal Reserve (Fed) later this month. The ECB is widely expected to keep rates unchanged, but send out a strong dovish message later this week

EUR/USD News

USD/JPY consolidates gains below 108.00 amid risk-off in Asian equities

Having failed to sustain the early gains above the 108 handle, USD/JPY consolidates in a tight range just below the last amid risk-off action in the Asian equities and Abe's victory. Escalating Gulf tensions and a likely smaller Fed rate cut weigh down on the sentiment. 

USD/JPY News

GBP/USD remains modestly flat as Brexit optimism confronts UK-Iran tension

While optimism surrounding the Brexit helped the GBP/USD pair to start the week on a positive note, geopolitical tensions between the UK and Iran tamed the quote’s upside as it trades near 1.2500 ahead of the London open. 

GBP/USD News

Gold: Bounces off 23.6% Fibo. towards $1436.50/37 supply zone

Gold is again being bought as it reverses from 23.6% Fibonacci retracement of June-July advances to $1,427 by early Monday. The yellow metal now runs towards $1,436.50/37 horizontal resistance comprising early-month tops.

Gold News

Oil rises on geopolitical tensions

Oil is solidly bid on both sides of the Atlantic this Monday morning amid heightened tensions, courtesy of Iran’s seizure of a British tanker. Brent oil is trading at $63.17 per barrel, representing a 0.5% or 32 cent gain.

Oil News

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