Silver is rarely mentioned in the Forex reviews - but now comes its time as it skyrockets in line with a few other trading instruments.
What is moving the markets today?
The indices continue going down after yesterday's plunge...
There is a multitude of public companies you can trade with FBS. These companies provide regular earnings reports, and it makes full sense to trade them. How? This is what we will discover in the webinar. Get in!
The Federal Reserve will release its statement at 21:00 MT time (GMT+2). Jerome Powell's press conference will follow at 21:30 MT time. How will this event influence the USD, Forex majors, and gold?
The USD is strengthening, while S&P 500 and NASDAQ paused their advance. Traders and investors worry that the US fiscal stimulus won't arrive soon. The video contains our trade ideas, what are yours?
The drivers, the assets, and the releases you need to focus on this week
EUR/USD has been rising since morning, but the further rally is limited by the 200-peiod moving average at 1.2190. Gold is flirting with the $1 850 level.
A new threat of a full lockdown in the UK pulled the GBP down, while the euro has been boosted by optimistic PMIs…
Most currencies continued Wednesday's trends after Joe Biden inauguration. Gold went upwards, oil ceded some gains. In this video, we make short-term forecasts and review how accurate our predictions were.
Joe Biden takes the presidency in the US, the Forex market is mostly bullish. We were correct with many of our short-term projections yesterday. Let's see what happens today and what the week brings.
In this daily update, you have short-term and mid-term outlook for the main currencies and commodities weighted against the long-term horizon. You are also provided with suggestions on which to levels to look at and what the most likely trajectories are for USD, EUR, AUD, GBP, gold and WTI oil.