Forex Videos

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 18th session. USD/JPY — The Wednesday trading session was pretty flat. A break above the top of the candlestick from Wednesday session is bullish and the market could make its way towards the 113.50 level. The 50-day EMA is below and it could offer support. So, pullbacks are seen as buying opportunities at the moment. Selling this pair […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 18th session. EUR/USD — The rally on Wednesday session could not succeed on Wednesday session, as the 50-day EMA offered resistance. As long as the 1.12 level offers support, this market is bullish. It is also the bottom of this consolidation zone. The market needs to build enough momentum to make it to the upside. GBP/USD — Not much has […]

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the April 18th session. Bitcoin/USD — The Wednesday session caused a slight rally initially, but then only to roll over, as the market faced resistance. This little uptrend line could offer support. As long as the market stays above 4,000, this market is bullish. Also, the 200-day EMA could offer support for this market. To the upside, the 6,000 is the target. It […]

Precious metals like gold looks weak. The euro looks slightly bullish. The EUR/USD pair is facing resistance at 1.1325 and is trading within the consolidation zone. The resistance levels are 1.1325, 1.1397, and 1.1477. The support levels are 1.1277, 1.1240, and 1.1214. The USD/JPY pair is also trading within the consolidation and is facing resistance at 112.00. The resistance levels are 112.10, 112.65, and 112.88. The support levels are 111.58, 111.2, […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 17th session. USD/JPY — The market is pressing for resistance at 112.00. There exists plenty of support below. So, pullbacks are seen as value at the moment with this pair. To the upside, the 113.50 is the next target. The 50-period EMA below could offer support. The market needs to get below the moving average to consider selling in this market. AUD/USD […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 17th session. EUR/USD — The Tuesday session saw the market to pull back a bit looking for support. The market is trading closer to the bottom of the consolidation, which comes at 1.12. The market is experiencing lots of back and forth short-term movements in this consolidation zone. So, pullbacks are seen as buying opportunities at the moment. GBP/USD — The pound is also […]

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the April 17th session. Bitcoin/USD — As the 200-day EMA offered support, bitcoin rallied on Tuesday session. This little uptrend line and the 5,000 level are offering support. The market needs to clear the 5,500 level, which is resistance. To the upside, the 6,000 is the next target. Even if the market falls from here, the 50-day EMA could offer support. So, selling […]

In this video, the Trader Guy looks at the commodity, gold for the April 17th session. Gold/USD — The Tuesday session was bearish for the gold market, down about 1%. You can make an argument for a potential head and shoulders pattern on the chart. The target for this pattern is 1,225. However, the 200-day EMA could offer support for this market. Now, the rallies that show signs of exhaustion are to be sold. You need to see […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 16th session. USD/JPY — The Monday session was pretty quiet. The market is trading close to the top of this consolidation zone, which could offer significant resistance. A break above could lead to 113.50. So, pullbacks are seen as buying opportunities. Selling is not looking attractive at the moment, as this market looks bullish at the moment. AUD/USD […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 16th session. EUR/USD — The Monday session was initially bullish, but then rolled over to form a shooting star candlestick, as you can see on the daily chart. The market is trading within the consolidation zone, with 1.12 as bottom. A break below this level is bearish. So, pullbacks at the moment should offer value. A break above […]