Summary
The key to naked trading involves finding the sweet spots on the chart. You will see three tricks of the trade for finding the spots on the chart where the most profitable opportunities lie. And at the end of the session you will get an opportunity to shine the spotlight on any chart of your choosing, and Walter will look at that chart from a "naked" perspective.Latest Live Videos
Editors’ Picks
AUD/USD bounces back toward 0.7050 amid renewed USD weakness
AUD/USD stages a comeback toward 0.7050 in Friday's Asian trading, after falling about 1% on Thursday. The pair draws support from a fresh selling wave seen around the US Dollar even as risk sentiment remains weak. Surging oil prices due to the Middle East war dent risk appetite.
USD/JPY struggles near 157.50, eyes turn to US NFP
USD/JPY edges lower to near 157.50 in the Asian session on Friday after posting modest gains in the previous session. Broad US Dollar weakness, Japanese FX intervention risks and a risk-off market mood undermine the major, despite uncertainty over the BoJ interest rate hikes. All eyes now remain on the US Nonfarm Payrolls data.
Gold awaits US Nonfarm Payrolls for a clear directional impetus
Gold rebounds above $5,100 early Friday after testing the $5,050 level amid global sell-off. The US Dollar pulls back as profit-taking creeps in ahead of US labor data. For February. 21-day SMA holds amid bullish RSI; a daily closing above 61.8% Fibo is critical for Gold buyers.
Ethereum pull in $169M as validators pile in to stake ETH
US spot Ethereum exchange-traded funds recorded $169 million in net inflows on Wednesday, marking the largest daily intake in two months, according to SoSoValue data. The rise in inflows signals renewed institutional interest in Ethereum amid broader market volatility.
The market compass is pointing at a barrel of Oil
The Asian open is arriving with equities leaning the wrong way, and the reason is not complicated. The market’s compass needle has snapped firmly toward crude. In this tape, oil is not just another input price; it is the gravitational center around which every asset class is orbiting.
Here is what you need to know for Friday, March 6:
The US Dollar (USD) is being supported by crude oil prices, which rose to its highest level since July 2024, amid headlines of potential interruptions to the Strait of Hormuz and attacks on vessels in the region.