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Summary

Join professional trader and author Ed Ponsi for real-time, interactive technical and fundamental analysis of the Forex markets. Together we will view and analyze live charts and news, uncover opportunities for upcoming trades, and answer your questions during this fast-paced, 30-minute webinar.


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Editors’ Picks

EUR/USD: Fiber has lost its upward trajectory, eyes PMIs and Lagarde speech

EUR/USD is on the defensive, having dived out of key ascending trendline. ECB President Lagarde on Thursday said risks to the outlook remain on the downside. German and Eurozone PMIs will likely guide the price action on Friday.

EUR/USD News

USD/JPY stuck in range around 109.50 amid China coronavirus concerns

USD/JPY sticks to its range play around the midpoint of the 109 handle amid rising fears of the Chinese coronavirus outbreak globally, upbeat Japanese CPI data and a minor bounce seen in the US dollar across the board. Focus shifts to US PMIs. 

USD/JPY News

GBP/USD: Mildly bid above 1.3100 ahead of the key PMIs

GBP/USD gradually recovers Thursday’s losses as it takes the bids around 1.3125 ahead of the London open. The pair might have benefited from the EU-UK trade positive headlines but market players are waiting for the UK January preliminary PMIs for fresh impulse.

GBP/USD News

Gold: Portrays rising trend-channel on H4, Coronavirus in focus

Gold prices lack momentum while trading around $1,561.50 during early Friday. Even so, the bullion stays inside a short-term ascending trend-channel formation that portrays the strength of the underlying momentum.

Gold News

WTI bounces off 12-week low to $55.60 amid risk reset

WTI pulls back from early-November lows while taking the bids to $55.60 during the Asian session on Friday. Downbeat inventory levels, fears of demand slowdown and an end to global production cut have recently weighed on the black gold.

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