Monday, 13 September 2021

Dow Jones, Energy Stocks, Crude Oil Rise After OPEC Report. Nikkei 225 May Gain

The Dow Jones climbed as crude oil prices boosted energy stocks after OPEC’s monthly outlook report. Ahead, the Nikkei 225 may follow Wall Street higher during Asia-Pacific trade.

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Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

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New Zealand Dollar Forecast: NZD/USD Trades Cautiously Ahead of Q2 GDP Data

The New Zealand Dollar is largely unchanged after modest gains overnight. Traders are focusing in on Q2 GDP growth data set to cross the wires later this week.

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US Dollar Moves Lower as US Federal Budget Deficit Totals $171B in August

The Federal Government budget deficit widened by $171 billion in August as the fights over the debt ceiling and infrastructure rage on.

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Key Week for Bond Yields with US CPI on Tap, Nasdaq and IEF at Risk of a Downswing?

Long-end US Treasury yields are likely to rise over the medium term. This could weigh on the Nasdaq index and trigger a sell-off in certain ETFs such as IEF or TLT.

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AUD/USD Rate to Face Contraction in Australia Employment

The update to Australia’s Employment report may drag on AUD/USD as job growth is expected to contract for the second time in 2021.

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FX Week Ahead - Top 5 Events: Canada, UK, & US Inflation Rates; Australia Jobs Report; US Retail Sales

The turn through the middle of September promises another week of important data releases.

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The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

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US Dollar Price Action Setups Pre-CPI: EUR/USD, GBP/USD, USD/CAD

The US Dollar is falling after another test of resistance in the 92.80 zone, but the focus is shifting to tomorrow's CPI report.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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USD/CAD Forecast: Inverse Head-and-Shoulders Pattern Takes Shape

The break above the January high (1.2881) in USD/CAD may continue to reflect a change in the broader trend as an inverse head-and-shoulders pattern takes shape.

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UPDATE: Litecoin (LTC) Reverses Surge After Walmart Tweet is Deleted

Litecoin Spikes Over 30% on Walmart Annnouncement. However, Reverses After Tweet is Deleted

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Gold (XAU/USD) Tech Setup: Conditions for Continued Range Trading

As gold continues to see-saw around the 1800 mark we consider inflation, yields when analyzing the range trading landscape

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Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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US Dollar Price Action vs GBP/USD, AUD/USD

Early USD outperformance dissipates as risk sentiment holds up.

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DAX 30, S&P 500 Update: Bearish Pressure Builds but Equities Remain Resilient For Now

Equities start the week on a positive note after a decisive move lower last week

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British Pound Softens as Firming US Dollar Eyes CPI for Fed Clues

GBP/USD was lower in Asia as the inflation debate heats up ahead of US CPI data. Will the US Dollar drive markets and wake Sterling up?

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Sunday, 12 September 2021

Aluminum Prices Surge on Guinea Coup. Will This Last?

Aluminum prices surged after a coup in Guinea triggered fears of a disruption in critical bauxite supply. Will the spike last?

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As a New Retail Trader Age Rises, Heed Tales of Past Manias

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

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Australian Dollar Forecast: AUD/USD Traders Eye Jobs Data Amid Fragile Market Sentiment

The risk-sensitive Austrian Dollar is coming off a down week after market sentiment soured last week. AUD/USD traders are eyeing the upcoming local jobs data as risk trends remain fragile.

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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...