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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 ends the day with losses in the 1.1070 area
The shared currency suffered once again from dismal local data, with EU inflation falling into negative ground in July. Dollar up amid a better market mood, but recovery fragile.
USD/JPY: holding on to modest gains
Japanese exports to China declined by 9.3% YoY in July. USD/JPY consolidating a few pis below a critical Fibonacci resistance.
GBP/USD: On the back foot around 1.2130 amid Brexit pessimism
GBP/USD clings to 10-day EMA after fresh signs of no-deal Brexit. The UK PM writes a letter to the EU showing alternative arrangements to Irish backstop ahead of Germany/France visit.
Spot gold ending over 1% lower on the day, traders await Fed's Powell
On a less risk-off market, spot gold ended on Wall Street lower by -1.19% around $1,495 having travelled between a high of $1,513.26 and a low of $1,493.39.
WTI clings to gains above $55 on renewed trade optimism
Crude oil prices gained traction on Monday and the barrel of rose to a fresh five-day high of $56.05 earlier in the day. With the trading action turning subdued in the second half of the day, the WTI started to consolidate its gains and was last seen trading at $55.50, gaining 1.3% on a daily basis.