Monday, 17 May 2021

AUD/USD May Rise on RBA Minutes as Australian Dollar Tracks Higher Commodity Prices

AUD/USD may rise following the Reserve Bank of Australia Minutes, as rising commodity prices cushion Aussie Dollar sentiment.

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Bitcoin, Ethereum, Dogecoin Moving Mainstream as Hollywood's Elite Embrace Crypto

Bitcoin, Dogecoin, and Ethereum have dominated the headlines in recent months as celebrities like Elon Musk and Mark Cuban tout blockchain technology as the “future of currency.”

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Cardano Cryptocurrency (ADA) Outlook: Green Bitcoin Alternative for Tesla?

Cardano (ADA) on the rise as Ethereum-inspired Alt coins offers a green alternative to Bitcoin

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Bitcoin (BTC), Ethereum (ETH) Back Down After Wild Weekend

While many markets are closed on the weekends, crypto markets have most definitely remained on the move.

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EUR/USD Eyes February High Again as Dovish Fed Rhetoric Persists

EUR/USD may stage another attempt to test the February high (1.2243) as a growing number of Federal Reserve officials warn of a transitory rise in inflation.

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How to Start Forex Trading in 7 Steps

Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. Learn more about what Forex is, how it works and how it compares to other markets.

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Gold Price Forecast: Gold Breaks Bull Flag - Can Buyers Maintain?

Gold prices have jumped to a fresh three-month-high, breaking above resistance from a bull flag formation.

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USD/JPY Mirrors Decline in US Treasury Yields Ahead of FOMC Minutes

USD/JPY continues to pullback from the monthly high (109.79) ahead of the FOMC Minutes to largely mirror the recent weakness in longer-dated US Treasury yields.

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Markets Week Ahead: Dow Jones, Gold, Bitcoin, US Dollar, Still Dovish Fed, FOMC Minutes

The Dow Jones wobbled as the US Dollar gained after a temporary burst of risk aversion. Sentiment seems to be on the mend. Gold and crude oil prices appear to be aiming higher. Will still-dovish Fe...

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Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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US Dollar Selling Persists, CAD Bulls Largest Since Late 2019 - COT Report

US Dollar selling shows little signs of easing. GBP & CAD inflows the key drivers.

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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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British Pound (GBP) Outlook - GBP/USD Braced as UK Re-Opening Continues

Nearly 70% of the adult population have had at least one covid-19 jab as the UK continues to re-open, boosting hopes of a stronger economic rebound.

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BTC/USD Bounces Back as Elon Musk Denies Tesla Sold Bitcoin Holdings

Bitcoin jumps after a weekend of heavy selling as Musk denies Tesla sold its holdings

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Sunday, 16 May 2021

Crude Oil Prices Struggle as Viral Resurgence Clouds Asia's Demand Outlook

Crude oil prices struggled during Monday’s Asia-Pacific session as viral resurgence in the Asia-Pacific dampened the energy demand outlook. WTI is eyeing a key chart resistance at $ 66.50.

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Cardano Cryptocurrency (ADA) Outlook: Green Bitcoin Alternative for Tesla?

Cardano (ADA) on the rise as Ethereum-inspired Alt coins offers a green alternative to Bitcoin

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Gold Prices at 14-Week High as Yields Fall, Chinese Buyers Return

Gold prices surged to a 14-week high as the 10-year Treasury yield fell for a third day. Inflation fears and viral resurgence bolstered the appeal of the yellow metal, as Chinese buyers returned to...

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Dow Jones, Hang Seng, ASX 200 Outlook: Tech Rebound Bolsters Risk Appetite

Wall Street stocks closed broadly higher, setting a positive tone for Asia-Pacific markets at the weekly open. April retail sales growth fell short of expectations, cooling fears about tapering Fed...

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AUD/USD Eyes Chinese Economic Data as Sentiment Cautiously Improves

AUD/USD aims higher as several potentially hard-hitting economic events out of China are set to cross the wires. Meanwhile, market sentiment remains on fragile footing after last week.

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Markets Week Ahead: Dow Jones, Gold, Bitcoin, US Dollar, Still Dovish Fed, FOMC Minutes

The Dow Jones wobbled as the US Dollar gained after a temporary burst of risk aversion. Sentiment seems to be on the mend. Gold and crude oil prices appear to be aiming higher. Will still-dovish Fe...

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...