Go back to Video Categories >
 
Total: 184    Page: 4 << Prev  Next >>
Forex Trading Webinar September 24, 2014

Click Here To Watch Video Live Webinar From Tuesday, September 23, 2014
Live Webinar From Tuesday, September 23, 2014
By: Marvin P.

Tuesday, September 23, 2014

During today's trading session, the US dollar found its way back to its session open at 84.80, after falling to a low of 84.46, and
bouncing to near 4 year highs, creating whipsaw movement in the DXY, as well as EUR/USD. This recent climb in the dollar was strongly supported by a combination of profit taking, poor Canadian Retail Sales(-0.1% vs. +0.5% f/c m/m) and a decent U.S. Manufacturing PMI (57.9 vs. 58 f/c) which caused EUR/USD to give back all of its gains from earlier in the trading session. Although EUR/USD is flat at the moment, there are other dollar-denominated crosses that exhibited a definite trend in favor of the greenback.  In the USD/CAD pair, the asset rallied ~93 pips from the session low at 1.0987 to the current high of 1.1080, creating a clear-cut Bullish trend.

In today's V.I.P. trading webinar, we discussed price action in EUR/USD, as well as tips on how to identify areas of support & resistance for trade entry.


Forex Trading Webinar September 19, 2014

Click Here To Watch Video Live Webinar From Friday, September 19, 2014
Live Webinar From Friday, September 19, 2014
By: Marvin P.

Friday, September 19, 2014

Today's price action in the spot market was primarily driven by headlines coming out of Europe & cross currency flows in the Pound (GBP) and greenback. The Scots have voted to remain part of the U.K., with a 55 to 45 outcome. This news created early demand for the sterling, as well as for British equities up until the late Asian Trading Session, with GBP/USD rising to a 2 week high at 1.6525, and EUR/GBP falling to a 2-year low of 0.7810. However, sentiment shifted during the European Session as a "buy the rumor, sell the news" response caused investors to take profit on their long GBP positions. Capital flows in EUR/GBP helped to initiate the slide in EUR/USD.

Since the uncertainty concerning the FOMC statement and Scottish vote is now removed, the market continued to focus on the Fed rate hike projections, which resulted in a combination of euro weakness with demand for the greenback, that caused EUR/USD to fall 101 pips from the session high at 1.2929 to the session low at 1.2828. The common currency closed the week with a Bearish Engulfing Candle, which signals the likelihood of more downside pressure in fibre for the following trading week.

In today's V.I.P. trading webinar, we discussed price action in EUR/USD, as well as candlestick patterns and their usefulness in determining support & resistance.


Go To Page :  1 |  2 |  3 |  4 |  5 |  6 |  7 |  8 |  9 |  10 |  11 |  12 |  13 |  14 |  15 |  16 |  17 |  18 |  19 |  20 |  21 |  22 |  23 |  24 |  25 |  26 |  27 |  28 |  29 |  30 |  31 |  32 |  33 |  34 |  35 |  36 |  37 |  38 |  39 |  40 |  41 |  42 |  43 |  44 |  45 |  46 |  47 |  48 |  49 |  50 |  51 |  52 |  53 |  54 |  55 |  56 |  57 |  58 |  59 |  60 |  61 |  62 |  63 |  64 |  65 |  66 |  67 |  68 |  69 |  70 |  71 |  72 |  73 |  74 |  75 |  76 |  77 |  78 |  79 |  80 |  81 |  82 |  83 |  84 |  85 |  86 |  87 |  88 |  89 |  90 |  91 |  92 | << Prev  Next >>



 
Privacy Policy | Earnings Disclaimer | Purchase Agreement | Terms Of Services | Contact Us

Copyright © 2015 Slumdog Forex Home Study Course All Rights Reserved..