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Summary

In this second session of the day with Ed Ponsi, just at the market US opening bell, we will continue our 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.
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Editors’ Picks

AUD/USD faces decent resistance near 0.6650

AUD/USD faces decent resistance near 0.6650

AUD/USD added to the positive tone seen on Monday and rose further north of 0.6600 the figure on the back of the weaker Dollar and positive developments in the commodity complex.

AUD/USD News

EUR/USD targets the 1.0880 zone ahead of US, EMU data

EUR/USD targets the 1.0880 zone ahead of US, EMU data

EUR/USD kept the bullish bias well in place for the second session in a row, leaving behind the 1.0800 barrier and the key 200-day SMA (1.0790) prior to key data releases in the EMU and US on Wednesday.

EUR/USD News

Gold regains its poise on broad US Dollar’s weakness

Gold regains its poise on broad US Dollar’s weakness

Following Monday's decline, Gold stages a rebound toward $2,350 on Tuesday. The benchmark 10-year US Treasury bond yield stays in negative territory below 4.5% after April producer inflation data, allowing XAU/USD to hold its ground.

Gold News

Bitcoin price defends $61K with GameStop stock resurgence likely to generate renewed appetite for risk assets

Bitcoin price defends $61K with GameStop stock resurgence likely to generate renewed appetite for risk assets

Bitcoin (BTC) price tests the patience of traders as it glides along an ascending trendline on the four-hour time frame. Meanwhile, the GameStop saga that has resurfaced after three years distracts the market.

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Is the US Dollar headed for a crash?

Is the US Dollar headed for a crash?

Ahead of the US CPI & Retail Sales report, I breakdown how to combine forex fundamentals with technicals to determine whether we've seen a US dollar top? 

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