EUR/USD Rate Approaches April 2018 High Despite RSI Divergence

EUR/USD clears the range bound price action from earlier this week even though the RSI diverges with price, with Euro Dollar approaching the April 2018 high (1.2414).

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US Tech Stocks Break Down, FTSE 100 Soars, USD/JPY Upside Capped - US Market Open

Democrats on Course for Blue Wave Following Georgia Senate Election

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Bitcoin (BTC) Hits New All-Time High, Ethereum (ETH) Jumps Further as Volatility Soars

The cryptocurrency buying frenzy continues with Bitcoin hitting a new ATH while a host of altcoins rack up fresh hefty gains.

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US Dollar, Nasdaq 100, US Rates React to Likely Democrat Sweep

US Dollar at Risk, Nasdaq 100 Breaks Down, US Rates Soar After Key Level is Breached.

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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British Pound (GBP) Latest: GBP/USD Rides the Wave Higher on Georgia Votes

The US Democrats look well placed to win both Senate seats on offer in Georgia, giving them effective control of both Houses of Congress, sending USD lower and currencies like GBP higher.

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Nasdaq 100 Staggers Lower as Democratic Sweep in Georgia Looks Likely

The tech-heavy Nasdaq 100 index could be at risk of extended losses as a Democratic “Blue Wave” becomes increasingly likely and price begins to challenge pivotal uptrend support.

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Gold, Copper Prices Retreat amid Tight Races in Geogia's Senate Runoff Election

Gold and copper prices receded from their recent highs as investors await Georgia Senate runoff election results. An initial Democratic lead narrowed. The US Dollar rebounded from a two-and-half ye...

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USD/CNH,AUD/USD Unfazed on Chinese PMI Report, Eyeing US Senate Runoffs

USD/CNH and AUD/USD are eyeing US Senate runoffs after Chinese services PMI data for December showed signs of strength as the country looks to rebuild and rebound from the COVID-19 pandemic.

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Hang Seng Index Edges Higher as Dow Jones Rebounds With Crude Oil

Crude oil prices advanced 5% after Saudi Arabia surprised markets with a production cut. Wall Street stocks closed broadly higher led by material and energy sectors and much stronger manufacturing ...

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Japanese Yen Price Outlook: AUD/JPY, CAD/JPY, NZD/JPY Levels to Watch

The Japanese Yen could be at risk of extended losses, as price hovers precariously above sentiment-defining support. AUD/JPY, CAD/JPY, NZDJPY levels to watch.

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Australian Dollar Outlook: Chinese PMIs, U.S. Runoff Elections in Focus

Upcoming Chinese PMI data and Georgia's Senate runoff elections in the United States look set to dictate sentiment over the next 24 hours with AUD/USD running to the upside

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AUD/USD Rips, USD/CAD Swoons as US Dollar Eyes Senate Runoff

The US Dollar pivoted lower on Tuesday and reversed the prior session's rebound with Georgia senate runoff election results in focus. AUD/USD advanced decisively while USD/CAD edged lower.

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Nasdaq 100, Dow Jones, S&P 500 Look to Georgia Senate Runoff

US indices have begun the year with a volatile start, fluctuating significantly as covid concerns and political uncertainty take turns influencing sentiment.

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NZD/USD Clears 2020 High to Push RSI Towards Overbought Territory

NZD/USD may continue to exhibit a bullish behavior as it clears the 2020 high (0.7241), while the Relative Strength Index (RSI) flirts with overbought territory.

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Mexican Peso Forecast: Coiling, Awaiting Next Downside Move - Levels for USD/MXN Rate

Unlike other FX pairs, USD/MXN has yet to see meaningful volatility in the first trading days of 2021.

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British Pound Techs: GBP/USD Two-Year-Highs, GBP/JPY Wedge Break

Sterling started the year on a strong note. But that turned around yesterday, begging the question as to whether bulls will be able to retain the reins of the British Pound.

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USD/CAD Rate Outlook Mired by Break Below 2020 Low

USD/CAD may remain under pressure ahead of Canada’s Employment report as the exchange rate takes out the 2020 low (1.2688).

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December ISM Manufacturing PMI Strongly Beats Expectations

ISM Manufacturing PMI Report for December set a pandemic record, showing continued expansion in the manufacturing sector despite increasing economic challenges elsewhere.

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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