Forex Videos

Today, the European trading assets are being sold during the European session. The EUR/USD pair lost around 1% at the opening of the European trades and then started consolidating its positions near 1.1550 level. Besides the strong greenback, some other factors place the single currency under pressure. The ECB President Mario Draghi pointed to a moderate economic growth thanks to the patient and reasonable monetary policy in the region. The benchmark rate is likely […]

While the financial markets are entering the turbulence zone on the back of escalation of trade conflict between the United States and China, oil traders manage to recoup the recent losses. The Brent Crude Benchmark approached the level of $75 per barrel. The main reason behind a rise in oil prices in the news about the intentions of Russia and Saudi Arabia to ramp up production gradually. However, Iran, Iraq, Venezuelan, and Algeria stand against increasing of output. Market […]

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the June 19th session. Bitcoin/USD — As you can see, we have rallied quite nicely during the day, about 5% against the US dollar, which of course is very impressive. But when you look at it from a long-term perspective, you can see it is still a blip on the radar. We certainly have resistance here at the 50-period EMA, […]

At the beginning of the new trading week, trading sentiment was shaped by mounting tension between the US and China. On Friday, the US President Donald Trump said that 25% tariffs would be introduced on Chinese imports for the average sum of 50 billion dollars since June 6th. In its turn, China stated it would also improve 25% tariffs on American goods, including soybeans and autos. It seems the trade war is […]

Donald Trump is keeping investors on edge. Tumbling US stocks and turmoil on forex are accompanied by a new threat from the US President to impose extra levies on Chinese imports. The USD/JPY pair sank by 1% in the Asian session, trading at about 109.70. Today, traders prefer buying safe haven assets. Donald Trump requested the US trade advisor to prepare new tariffs at 10% on other Chinese goods. China apparently has […]

News and data releases are considered to be leading indicators for the economy. They provide us with an idea of direction in which the economy is heading towards. It is because of this, they have the power to turn the market around at any point throughout the day. So, what you might see is huge spikes in the market at the time of the release. One thing you must consider is that it has the news […]

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the June 18th session. Bitcoin/USD — As you can see, Friday was negative again, we did only lose 2%. So, that is a little bit of a victory in the sense, that it was not as violent as it has been. But I think at this point, the fact that we could not get more of a bounce, we could not get […]

Oil traders have started the new week on an upbeat note. Investors are waiting for the meeting over the OPEC+ deal in Vienna on June 22nd. The Brent Crude Benchmark has come off the low of $75.50 per barrel and is trading above $74. Analysts suppose that the crude price will return to the Friday positions. This week, the OPEC member and non-member countries will hold a meeting, where they will discuss their […]

Traders decided to avoid big bets as fresh news from Washington and Beijing puts investors on edge. The trade conflict between the two largest global economies has nearly reached the boiling point. On Friday, the White House said it would proceed with plans to impose steep tariffs of 50 billion US dollars on Chinese goods. In the weekend, Beijing vowed to make a retaliatory response. Amid the escalating trade dispute between the US […]

On Friday, before the opening of the New York trades, the greenback was still holding near highs after downward correction. The US dollar index lost around 20 pips coming off 95 levels. Experts linked the decline to concerns over the trade war between the US and some other countries, including China. Trading sentiment towards the greenback was still unclear even after some macroeconomic publications from the United States. […]