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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 stabilizing as US coronavirus cases continue to climb

EUR/USD is trading around 1.1250, pressured amid concerns about the spread of coronavirus in the US. Traders are digesting the upbeat Non-Farm Payrolls figures already out ahead of the long US weekend. 

EUR/USD News

USD/JPY: The pair is stuck between 107.33 and 108.00 for now

USD/JPY has traded in a very thin range on Friday as volumes remain light to a US holiday. Looking at the chart below it is clear to see the pair is stuck in a rut as it nestles within a 67 pip range.

USD/JPY News

GBP/USD attempting a bounce amid thin liquidity

GBP/USD is closer to 1.25, off the lows. Top-level EU-UK Brexit talks have been postponed until next week amid disagreements. The UK is continuing to reopen while US coronavirus cases are surging. 

GBP/USD News

Gold: There is a bearish signal on the 4-hour chart

Price action has been slow on Friday due to the bank holiday in the US as the nation celebrates independence day. This week has been an interesting one as there has been some good economic data but some very bad coronavirus news in the US. 

Gold News

WTI tests prices below $40 on its pullback from $40.60 highs

Front-month WTI futures are trading lower on Friday, testing prices below $40 after rejection at $40.60 area on Thursday. Oil prices are losing ground with revived COVID-19 fears overshadowing positive macroeconomic data.

Oil News

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