Wednesday, 6 October 2021

Nasdaq 100 May Rise on Temporary Debt Ceiling Relief, Nikkei 225 Eyes Support

The Nasdaq 100 may rise after prospects of a temporary US debt ceiling increase soothed investors. Japan’s Nikkei 225 could bounce, eyeing the floor of a rectangle chart formation.

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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AUD/USD May Rise After US Debt Ceiling Deal as US NFPs Shift into Focus

The Australian Dollar fell versus the US Dollar overnight after strong US labor market data lifted short-term Treasury yields. China's foreign exchange reserves are in view for today's APAC session.

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Swiss Franc Technical Analysis: GBP/CHF, AUD/CHF, CHF/JPY Technical Setups

Swiss Franc strength sees multiple crosses approaching significant areas of interest. Here are some key technical setups for GBP/CHF, AUD/CHF, and CHF/JPY.

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Major U.S. Stock Indices Eke Out Gains after Wild Day, but Russell 2000 Ends Lower

S&P 500, Dow Jones, and Nasdaq 100 end the day in green on possible debt limit deal, but Russell 2000 fails to erase losses and finishes in negative territory.

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USD/JPY Rate Eyes September High Amid Ongoing Rise in US Yields

USD/JPY may stage another attempt to test the 2020 high (112.23) as the Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market.

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

The US Dollar is holding near the highs, and NFP is a little less than two days away. Can bulls force a break even before the release?

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Gold Price Recovery Unravels Ahead of NFP Report Amid Rising US Yields

Key developments coming out the US may drag on the price of gold as the US Non-Farm Payrolls (NFP) report is anticipated to show a pickup in job growth.

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Natural Gas Prices Continue to Soar in the US, Asia and Europe – How Far Can it Go?

Global natural gas prices have shot up due to supply side pressures amidst rising global demand

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USD Breaking News: Bullish Dollar Environment Holds as ADP Beats Estimates

ADP employment change figures for September smashed forecasts and now with NFPs around the corner, expect FX (dollar) volatility to rise pre and post-announcement.

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GBP/USD At Risk of Being a Victim to BoE Rate Bets, Why is NZD Weak After RBNZ Hike?

Aggressive BoE tightening calls leaves GBP vulnerable on the downside. Expected RBNZ hike does little for NZD.

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US Dollar Probes a Fresh Multi-Month High, Treasury Yields Rally on Inflation Fears

The US dollar basket (DXY)is pushing higher and nears a recent one-year high as inflation fears continue to stalk the market.

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Is Crypto De-Correlation From Traditional Assets Underway? - BTC, ETH Latest

Cryptos bounce back as SEC follows Fed in Saying they will not ban the use of digital coins

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Surging US Crude Oil Price Adds to Downward Pressure on Stocks, Bonds and Gold Price

US and Brent crude oil prices are well placed to advance further, and that would add to the downward pressure on stock prices, US Treasury bond prices and gold, with USD benefiting.

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Canadian Dollar Caged in by Inflation Favouring USD on Energy. Where to for USD/CAD?

The Canadian Dollar weakened against the US Dollar as inflation fears triggered yield spikes, creating USD buying. Will USD/CAD lift off, or is it just pausing here?

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Crude Oil Prices Hit 7-Year High, Inventories and ADP Jobs Data Ahead

Crude oil prices rose a to a seven-year high as US ISM and PMI surveys lifted demand prospects even as supply shortages persist. EIA inventories and ADP employment data is up text.

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Tuesday, 5 October 2021

Trading Earnings Season: 3 Steps for Using Earnings Reports

Read on for our 3 steps to follow when using earnings reports for trading.

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New Zealand Dollar Forecast: NZD/USD Eyes Resistance After RBNZ Rate Hike

The New Zealand Dollar is in focus after the Reserve Bank of New Zealand (RBNZ) raised its official cash rate (OCR) by 25 basis points - one of the first G10 central banks to tighten policy.

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AUD/USD Rises as Wall Street Sentiment Warms. RBNZ at Hand for APAC Traders

The Australian Dollar rose overnight after risk assets caught a bid. China is reportedly accepting Australian coal. APAC traders have the RBNZ rate decision in focus today.

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ASX 200 May Continue to Gyrate Despite Strong Trade Data, Dovish RBA

The S&P/ASX 200 Index may look for a near-term trend reversal following a surprise trade surplus in August.

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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...