Summary
“My previous webinar at FXStreet on Support and Resistance had pretty high positive feedback and was ranked one of the most viewed webinars. However, I got a ton of emails requesting a trading strategy using Support and Resistance. In this webinar I’ll go into detail on Entries and Exits using Support and Resistance in our way of teaching.”
We've brought in trader Navin Prithyani to share his Support and Resistance Strategy in this webinar exclusively here at FXStreet. Navin Prithyani has been featured on various publications online and offline and is known to simplify complex forex trading for everyone to understand. He's been a Premium Speaker, spoke at our Seminars, and has been among the top ten most viewed webinars and analysis here at FXStreet for the last several years. This is a webinar not to miss!
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Editors’ Picks
EUR/USD stays calm near 1.1650 to begin Fed week
EUR/USD struggles to find direction and trades in a narrow channel near 1.1650 on Monday. Investors refrain from taking large positions ahead of this week's critical Fed policy meeting, allowing the pair to stay in a consolidation phase following two consecutive weeks of bullish action.
GBP/USD edges lower toward 1.3300 as markets turn cautious
GBP/USD corrects lower toward 1.3300 on Monday after posting gains in the previous week. The markets adopt a cautious stance ahead of the highly-anticipated Fed meeting, making it difficult for the pair to gather bullish momentum.
Gold remains stuck near $4,200 as markets gear up for Fed
Gold extends its sideways grind at around $4,200 after posting marginal losses last week. The trading action turns subdued on Monday as market participants prepare for the upcoming Fed meeting, which will provide key insights into the short-term policy outlook.
Bitcoin and Ethereum aim for breakouts as Ripple holds at $2
Bitcoin, Ethereum, and Ripple record a minor recovery on Monday, starting the week on a positive note. The retail demand for major cryptocurrencies remains strong despite outflows from Bitcoin and Ethereum Exchange Traded Funds.
The Silver disconnection is real
Silver just hit a new all-time high. Neither did gold, nor mining stocks. They all reversed on an intraday basis, but silver’s move to new highs makes it still bullish overall, while the almost complete reversals in gold and miners make the latter technically bearish.
Here is what you need to know on Monday, December 8:
The US Dollar (USD) weakens against its major rivals on Monday, with the USD Index staying in negative territory below 99.00 following two consecutive weeks of losses. The European economic calendar will feature Sentix Investor Confidence data for December later in the session.