Summary
“My previous webinar at FXStreet on Support and Resistance had pretty high positive feedback and was ranked one of the most viewed webinars. However, I got a ton of emails requesting a trading strategy using Support and Resistance. In this webinar I’ll go into detail on Entries and Exits using Support and Resistance in our way of teaching.”
We've brought in trader Navin Prithyani to share his Support and Resistance Strategy in this webinar exclusively here at FXStreet. Navin Prithyani has been featured on various publications online and offline and is known to simplify complex forex trading for everyone to understand. He's been a Premium Speaker, spoke at our Seminars, and has been among the top ten most viewed webinars and analysis here at FXStreet for the last several years. This is a webinar not to miss!
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EUR/USD stays defensive below 1.0500 amid light trading
EUR/USD struggles to capitalize on recent upside and oscillates in a narrow range below 1.0500 in European trading on Monday. However, the pair's downside remains cushioned by persistent US Dollar weakness and an upbeat mood. Focus shifts to central bank talks.
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GBP/USD ranges near 1.2600 as US Dollar steadies
GBP/USD keeps its range near 1.2600 in the early European session on Monday. The pair stays support amid a subdued US Dollar price action following Friday's disappoining US Retail Sales data. Thin trading is likely to extend as US markets are closed in observance of Presidents' Day.
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Gold: Bulls have the upper hand near $2,900 amid trade war fears and weaker USD
Gold regained positive traction on Monday amid sustained USD weakness. Concerns about Trump’s tariffs further benefit the safe-haven XAU/USD pair. The fundamental and technical setup underpin prospects for additional gains.
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Five fundamentals for the week: Peace talks, Fed minutes and German election stand out Premium
US President Donald Trump remains prominent, especially in a week when high-level peace talks kick off. Nevertheless, the Commander-in-Chief competes with the world's most powerful central bank, and other events are of interest as well.
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Tariffs likely to impart a modest stagflationary hit to the economy this year
The economic policies of the Trump administration are starting to take shape. President Trump has already announced the imposition of tariffs on some of America's trading partners, and we assume there will be more levies, which will be matched by foreign retaliation, in the coming quarters.
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