Thursday, 9 December 2021

US Dollar (DXY) Treading Water as US Inflation Report Nears

The US dollar is quiet ahead of Friday's US Inflation Report which is expected to show price pressures in the US hitting another three-decade high.

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Pound Sterling Price Analysis: GBP/USD Selling Pressure Continues as Institutions Weigh-in

An already underperforming Pound Sterling has been hit by the UK gov’s enhanced restrictions dubbed “Plan B”. Key Technical levels considered.

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Australian Dollar Forecast: Aggressive AUD/USD Rebound Facing Topside Hurdle

Sharp AUD/USD Rebound To Face Marginal Pullback as Risk Appetite Sours

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Trading Journal: What it is and How to Create One

Explore the benefits of a trading journal and how to create one that aligns with your strategy.

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FTSE 100 Price Outlook: London Stocks to Advance Further as UK Rate Hike Fears Fade

The Bank of England looks increasingly unlikely to increase UK interest rates next Thursday, and that’s positive for the FTSE 100 index of the major London-listed stocks.

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Wednesday, 8 December 2021

Canadian Dollar Price Action post-BoC: USD/CAD, CAD/JPY, Eyes on Oil

USD/CAD is bouncing from support as CAD/JPY tests a big spot of resistance. Friday's CPI print combined with recovery in Oil prices can keep these pairs on the move ahead of FOMC next week.

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Bank of Canada Disappoints Canadian Dollar Bulls

BoC maintains view on economic slack assessment, CAD pulls back

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EUR/USD Ongoing Weakness, EUR/GBP Aided by UK Political Shambles, EUR/CAD Eyes BoC

Euro traders have plenty to look at currently, aside from Omicron cases, with politics and central bank decisions foremost.

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Bank of Canada Preview: How Will the Canadian Dollar (CAD) React?

Canadian Dollar Reaction Dependent on BoC's Economic Slack Absortion Assessment

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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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British Pound (GBP) Price Outlook: Downside Pressure on GBP/USD Persists

GBP/USD continues to make little headway to the upside, despite Omicron optimism, with the previous channel support now looking increasingly like resistance.

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Tuesday, 7 December 2021

10 Trading Mistakes to Avoid in Forex Trading

Human error in the FX market is common and can lead to common trading mistakes. See the top 10.

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Apple, Nasdaq, ARKK Jump as China Sounds Support: Is the Santa Rally Here?

Stocks are in the midst of a massive rally right now, coming in stark contrast to the fear coursing through equities last week.

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Markets Rallying as Omicron Fears Recede | Sentiment Webinar

Trader confidence is picking up as hopes rise that the Omicron coronavirus variant will be less damaging to the global economic recovery from the pandemic than once seemed likely.

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Gold Price Currently Lacks Any Meaningful Conviction, Volatility Lies Elsewhere

Gold is stuck in a short-term rut with little price action of note, especially when compared to a range of other risk-related assets.

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South African GDP Contracts in Q3 After Four Successive Quarters of Growth

South African GDP contracted by 1.5% for Q3 as manufacturing, trade and accommodation industries led the decline

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EUR/USD Muted Following Mixed ZEW Survey, Euro Risks Remains Lower

ZEW Survey highlights reduced investor confidence, bias remains to fade Euro rallies

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British Pound (GBP) Price Outlook: GBP/USD Stable But Still Testing Support

Sterling is modestly higher against both the US Dollar and the Euro but GBP/USD remains close to trendline support and if that breaks then further losses are likely.

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Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

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Crude Oil Price Rise May Struggle on Incoming Supply, Demand Data

Crude oil prices are rebounding to test back above the key $70/barrel figure but gains may be capped by incoming trade, inventories and output forecast data.

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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...