Tuesday, July 2, 2013
In today's V.I.P. webinar, we briefly discuss the current price behavior in the EUR/USD pair and the fundamental news & events pushing market prices. We also attempt to place a few live trades using the Slumdog Forex trading system.
Friday, June 21, 2013
During today's trading webinar, we discussed the reasons for the continued risk aversion across multiple asset classes as investors continue to digest the FOMC announcement from Wednesday, along with poor fundamentals from China, and an IMF suspension of funds to Greece.
For the past two days, EUR/USD has fallen 298 pips from resistance at 1.3417 to 1.3119. This market sentiment has put pressure on emerging market currencies which supports investors reasons to hedge into US dollar.
In today's V.I.P. trading webinar, we discuss price action in the EUR/USD, and look for opportunities to place orders in the market using the Slumdog Forex Trading System.