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EUR/USD and GBP/USD Forecast — March 25th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 25th session. EUR/USD — As the macroeconomic data released from Germany did not help the euro, the pair fell significantly on Friday. Also, the figures that came from US did not help this pair and it only fell. The 1.1250 level is the bottom of this consolidation and it looks supportive. So, you can expect the market […]

Gold Forecast — March 25th 2019

In this video, the Trader Guy looks at the commodity, gold for the March 25th session. Gold/USD — Gold market rallied on Friday session. However, the market has to deal with this uptrend line, that the market broke recently. Also, this shooting star candlestick on the daily chart suggests bearishness. So, the 1,325 level is seen as resistance. A break above this level is seen as bullish. To the downside, the 1,300 is support. […]

USD/ZAR Forecast — March 25th 2019

In this video, the Trader Guy looks at the USD/ZAR pair for the March 25th session. USD/ZAR — The market broke above the top of this doji like candle on Friday and rallied strongly. Both the 14.15 level and the 50-day EMA have offered support. So, at this moment, pullbacks are seen as buying opportunities. To the upside, the 15.00 level looks like the target. At the moment, this pair looks bullish, and set to go higher.

Daily Market News — March 25th 2019

Precious metals like gold are bullish. The Asian stocks markets look bearish. The EUR/USD pair looks bearish, facing resistance at 1.1316, and is going through consolidation. The resistance levels are 1.1316, 1.1397, and 1.1477. The support levels are 1.1249, 1.1150, and 1.1030. The USD/JPY pair is also going through consolidation and is trading below the resistance at 110.00. The resistance levels are 110.27, 110.65, and 110.88. The support levels are […]

Market Entry Strategy — Best Time of Day to Trade Forex

In this video, you will learn about when to enter into a trade in forex. Forex trading is available 24 hours a day. However, it is important to trade forex during certain hours, when it is highly volatile. Successful forex trading is not only about finding a perfect entry signal. Look at this chart. As you can see, the price broke through the uptrend line. Also, […]

How to Use Economic Calendar Effectively

In this video, you will learn about the importance of using economic calendar in forex trading. As you can see, this is the economic calendar from forex factory. It shows you information about various events and their impact on the market. The red color indicates high impact. There are various economic announcements like the German IFO business climate. Another event is the Brexit referendum conducted in Britain. It […]

USD/JPY and AUD/USD Forecast — March 22nd 2019

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the March 22nd session. USD/JPY — The USD/JPY pair pulled back and tried to locate for support on Thursday session. The market could remain in consolidation for a while and not doing much. A break above the top of the candle from Wednesday session is bullish and market could reach as high as 111.50. A break below the bottom of the consolidation is seen as bearish It is a bit […]

EUR/USD and GBP/USD Forecast — March 22nd 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 22nd session. EUR/USD — The Thursday session saw the market to sell off disappointing the buyers. This was due to the announcement by the Fed about interest rate hikes for the year 2019. The market is in the middle of this consolidation zone. So, you can wait on the sidelines until the market makes its next move. GBP/USD — The pound also got […]

USD/ZAR Forecast — March 22nd 2019

In this video, the Trader Guy looks at the USD/ZAR pair for the March 22nd session. USD/ZAR — The market was doing very little on Thursday session. The Fed caused a little bit of weakness in the greenback on Wednesday and investments flowed towards the emerging economies. The market is sitting on a level, which looks strongly supportive. A break above the top of the candlestick from Wednesday session is bullish, with 14.50 as target. The 50-day EMA crossing above […]

Gold Forecast — March 22nd 2019

In this video, the Trader Guy looks at the commodity, gold for the March 22nd session. Gold/USD — The Thursday session saw the market quite strongly. But the market just fell over an area of resistance and formed a bearish candle below the uptrend line. You can make an argument for an ascending channel. To the downside, the 1,275 level is supportive. A break above the 1,325 level is seen as bullish. So, pullbacks at the moment are seen as buying […]

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