Forex Videos

In this video, the Trader Guy looks at the commodity, gold for the  September 16th. Gold/USD — Gold rallied a bit on Tuesday session, testing the top of this symmetric triangle pattern. It looks like this market is trying to build up enough momentum to break out. To the downside, the support could be located at the 50-day EMA, and the $1,900 level. At the moment, the US dollar is the fundamental driver for gold. Hence, it is […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 16th session. EUR/USD — The euro rallied on Tuesday session initially, but then rolled over to give back some of the gains, as the 1.19 level is offering resistance. Now, the market has formed a shooting star candlestick, as you can see on the daily chart. To the downside, the 50-day EMA, and the 1.17 level could be supportive. So, rallies are […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 16th session. USD/JPY — This market is now turning bearish and the 105.00 level below could be tested for support. The 50-day EMA above could cap the rallies. Hence, rallies are to be sold on signs of weakness. The next support could be located at 104.00. AUD/USD — The Aussie looks exhausted at the moment after this […]

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the&nbspSeptember 16th session. Bitcoin/USD — Bitcoin rallied a bit on Tuesday session and is now testing the $11,000 level for resistance. This candlestick could end up being a shooting star. Also, the US dollar was trying to strengthen during the session, which could work against bitcoin. The next support comes at the 50-day EMA. The $10,000 level is seen as the short-term floor […]

In this video, the Trader Guy looks at the commodity, gold for the  September 15th. Gold/USD — Gold rallied a bit on Monday session. You can make an argument for a symmetric triangle pattern, as you can see on the daily chart. The upside looks more likely at the moment. To the downside, the $1,900 level looks supportive. A break above the $2,000 level is seen as a long-term move. The liquidity measures by the Fed can cause the gold to rise further […]

In this video, the Trader Guy looks at the USD/MXN pair for the September 15th session. USD/MXN — The US dollar is looking very bearish at the moment. This is due to the headlines related to dwindling demand of oil. Now, the market is trading below the 200-day EMA, and testing the 21.50 level for support. So, short-term rallies are to be faded, and to be sold on signs of exhaustion. Right now, a risk-off sentiment is dominating the market. […]

In this video, the Trader Guy looks at the commodity, gold for the  September 141th. Gold/USD — The market saw a sideways price action on Friday. The next support could be located at the 50-day EMA and the 1,900 level. So, pullbacks are buying opportunities at the moment. The liquidity measures by the central banks like the Fed and the ECB will cause gold to rise further. As you can see from the daily chart, you can make an argument […]

In this video, the Trader Guy looks at the USD/MXN pair for the September 14th session. USD/MXN — As you can see from the daily chart, there is a confluence of support at the 61.8% Fib retracement level, and the 21.25 level. The US dollar is gaining strength against most currencies at the moment. It is interesting to note that the Canadian dollar is getting hammered against the US dollar. Only when the oil market rally, […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 14th session. USD/JPY — The 50-day EMA is offering resistance at the moment. Also, the 107.00 level is seen as the beginning of the supply zone. Also, you can make an argument for a wedge pattern. Hence. rallies that show signs of exhaustion are selling opportunities. Only a break above the 109.00 level is seen as a trend change. AUD/USD […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 14th session. EUR/USD — The euro rallied initially on Friday session, but then gave back some of the gains. The 1.19 level seems to be psychologically significant and could provide strong resistance at the moment. The formation of a couple of shooting star candlesticks indicate that this market could rollover and fall again towards the 1.17 level. This market looks […]