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Forex Webinar From August 20, 2015

Click Here To Watch Video Live Webinar From Thursday, August 20, 2015
Live Webinar From Thursday, August 20, 2015
By: Melvin P.

Thursday, August 20, 2015

In this webinar, we also discussed price action in EUR/USD and identified various support & reistance levels for trade entry.


Forex Webinar From August 6, 2015

Click Here To Watch Video Live Webinar From Tuesday, August 6, 2015
Live Webinar From Tuesday, August 6, 2015
By: Melvin P.

Thursday, August 6, 2015

During today's webinar, we discussed the Bank Of England's monetary policy report and it's influence on the price of sterling. The BOE {Bank Of England) voted 8-1 to keep rates unchaged at 0.5%, which was broadly in line with market expectations. However, the surprisingly dovish slant in the BOE minutes, and Carney's press conference, created a not so "Super Thursday" for the pound, as it fell 169 pips from the session high of 1.5637 to a session low of 1.5468, compared to the dollar.

The BoE now sees the first rate hike during the first half of 2016, and they are expecting consumer prices to rise towards the 2% target within the next two years.

In this webinar, we also discussed price action in EUR/USD and identified various support & reistance levels for trade entry.


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