Live market review with OANDA
This 30-minute webinar is hosted by an experienced trader, it will provide you with insight that you need to trade FX CFDs strategically.
This 30-minute webinar is hosted by an experienced trader, it will provide you with insight that you need to trade FX CFDs strategically.
What we'll cover:
Join market analysis webinars for a live market update and analysis on the recent price movements of the major currency pairs.
Dates
Insights into the U.S. dollar
The USD’s outlook remains in flux, as positive and negative catalysts continue to affect sentiment. On the one hand, expected rate cuts by the FOMC could support rivals like the EUR, GBP, and CAD. On the other hand, global uncertainty and recession risks enhance the USD’s safe-haven appeal. But, what signals are being sent by the technicals? To help gain a deeper understanding of the momentum backdrop, several key indicators can help us make better sense of the recent price action.
In this webinar, we’ll explain:
- How the EUR/USD and USD/CAD have behaved recently as traders digest incoming economic data
- What the RSI, MACD, and Stochastic Oscillator signal about trend strength
- Key Fibonacci retracement levels that often indicate support and resistance
- Stop-loss strategies to mitigate the effects of unexpected outcomes
What’s happening in Japan?
With Japanese interest rates reaching their highest levels since 2007, financial stability concerns continue to plague the region. And with the JPY caught in the middle of the chaos, the currency implications could have a global impact. As a result, is the JPY sending a warning that a concerning event could unfold, or could an optimistic outcome help the currency gain ground versus the USD? To help uncover clues, monitoring key support and resistance levels helps traders identify where meaningful breakouts and breakdowns may occur. What signals is the USD/JPY sending right now?
In this webinar, we’ll explain:
- How the USD/JPY’s long-term uptrend came about
- Whether momentum is accelerating or decelerating
- How to identify breakouts and breakdowns and spot indicator divergences
- Risk management best practices to help limit portfolio volatility