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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

EUR/USD: Rises back to 1.08, potential double bottom on 1H

EUR/USD looks to be creating a double bottom pattern on the hourly chart. A break above 1.0836 is needed to confirm a price breakout. The American dollar is losing ground in Asia amid the uptick in the US stock futures, helping EUR/USD recover early losses. 

EUR/USD News

USD/JPY: Mildly bid above 109 amid mixed sentiment

Having benefited from the recovery in virus data from global hot-spot, while marking a three-day winning streak on Monday, USD/JPY buyers seem to catch a breath around 109.25 amid the early Asian session on Tuesday.

USD/JPY News

GBP/USD: Bounces off one-week low, struggles within short-term SMAs

Despite bouncing off one-week low, GBP/USD remains within 10-day and 21-day SMA area while taking rounds to 1.2238, up 0.05%, amid the Asian session on Tuesday. March 20 top on bears’ radar during further declines.

GBP/USD News

Gold: Refreshes four-week high, $1,685 on bulls’ radar

Gold prices remain on the front foot while taking the bids near $1,668, up 0.70%, amid the Asian session on Tuesday. In doing so, the bullion refreshes the four-week high with an intraday peak of $1,674.15 while also marking a fifth consecutive daily gain.

Gold News

WTI snaps three-day winning streak

WTI oil fell by over 8% on Monday, ending a three-day winning streak, which saw prices rise from $19.94 to $29.11. The black gold fell as Saudi Arabia and Russia's decision to delay an emergency meeting to discuss output cuts shifted focus back to oversupply concerns.

Oil News

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