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In this video, the Trader Guy looks at the currency pairs AUD/USD and USD/ZAR for the December 29th session. AUD/USD — The Aussie pulled back towards the 0.7500 level on Monday session trying to establish support. The 50-day EMA below is supportive. Volume is going to be an issue due to the holiday season at the moment. USD/ZAR — You could see a short-term rally in this market. However, rallies are going to be…

In this video, the Trader Guy looks at the cryptocurrencybitcoin for the December 29th session. Bitcoin/USD — The bitcoin market has been very parabolic lately. Hence, it is good to wait for a pullback, and the good area of support comes at the $24,000 level. The next major support comes at the $20,000 level. However, volume is going to be an issue at the moment. It is not seen as a good trade to enter a long position…

In this video, the Trader Guy looks at the currency pairs AUD/USD and USD/ZAR for the December 29th session. AUD/USD — The Aussie pulled back towards the 0.7500 level on Monday session trying to establish support. The 50-day EMA below is supportive. Volume is going to be an issue due to the holiday season at the moment. USD/ZAR — You could see a short-term rally in this market. However, rallies are going to be…

Trading on the Forex market carries with it inherent risks of loss. You should understand that Forex trading, while potentially profitable, can lead to the loss of your money. Never trade with money that you can’t afford to lose! Trading with leverage can erase your account even faster.

CFDs are leveraged products, and therefore losses can be greater than the initial invested capital. CFD trading carries a high level of risk, so it may not be suitable for all investors.

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