How to Control Greed When Trading

Greed can turn good trades into bad ones and bad trades into worse trades. Learn how to manage it.

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Euro Price Forecast: EUR/USD Rally Looks Short-lived, Key Resistance Being Tested After Dismal PMI’s

EUR/USD has found some support this Monday as markets await U.S. PMI data for further directional guidance.

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7 Step Trading Checklist Before Entering Any Trade

A checklist is a vital part of the trading process; helping traders to be disciplined and confident.

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Sterling Latest: Kwarteng Announces Tax Cut U-Turn, GBP Turns Higher

Chancellor Kwasi Kwarteng announced a U-turn of his controversial tax cut for the UK’s highest earners this morning at the Tory party conference. GBP lifted

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GBP/USD Technical Outlook: Forming an Interim Base?

Technical charts, sentiment and positioning suggest GBP/USD’s slide is losing steam. Is it forming a base and what are the key levels to watch?

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AUD, NZD, CNH in Focus as APAC Markets Kick Off Fourth-Quarter Trading Ahead of RBA

Asia-Pacific currencies are in focus as fourth-quarter trading begins ahead of the Reserve Bank of Australia’s rate decision. A Chinese holiday may drain liquidity and increase volatility.

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Q4 2022 Cross Asset Forecasts

Get your Q4 2022 forecasts for FX, stocks, bitcoin, and commodities here.

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S&P 500: Risk, Market Depth and Volatility Into October as Financial Conditions Strain

We have brought to a close the month of September and in turn the third quarter of the year. Moving into the new week, month and quarter; sentiment will be particularly sensitive with the course of monetary policy tightening meeting a swell in recession risk. If any of sparks from financial stability catch, our course can worsen materially.

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EURUSD and S&P 500 Face Final Volatility from Top US and Eurozone Inflation Figures

We are heading into the final trading day of the week, month and quarter; and the markets are already experiencing significant volatility against a technically and fundamentally precarious backdrop. Will the top inflation figure from the US and Eurozone spur a last-minute volatility spike?

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Gold Prices Anxiously Await the Fed’s Preferred Inflation Gauge, Will XAU/USD Fall?

Gold prices anxiously await the Fed’s preferred inflation gauge, which could bolster hawkish 2023 policy expectations. This would likely damage XAU/USD.

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Crude Oil Price Recovery Takes Shape amid Failure to Test January Low

The price of oil may stage a larger recovery over the coming days as crude reverses ahead of the January low ($74.27).

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AUD/USD Eyes Chinese PMI Data as Prices Approach Recently Surrendered Channel

The Australian Dollar is in focus ahead of Chinese PMI data following a downbeat session on Wall Street. A beat on the data may help revive sentiment. The Reserve Bank of India is also in focus to close out the week.

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Gold Price Rebound Eyes Former Support Zone

The former-support zone around the July low ($1681) may act as resistance as the price of gold appears to be tracking the negative slope in the 50-Day SMA ($1726).

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Mexican Peso Outlook: USD/MXN Muted after Banxico Follows FOMC Hiking Pace

Banxico increases the benchmark interest rate by 75 basis points, bringing it to 9.25% and pledging to maintain a hawkish stance until inflation is on track to converge to the target.

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EURUSD Climbs Following Hot German Inflation Print – PCE to Follow Suit?

EURUSD pushes higher again as traders eye Friday’s US PCE report.

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S&P 500 Ends Longest Slide Since February 2020 But Reversal Founded on BOE Stimulus Unreliable

The S&P 500 managed to end a six-day slide – its worst since the height of the 2020 pandemic – before the index marked another high profile technical break. Seemingly, all it took was a massive stimulus aimed at stabilizing a financial crisis in the UK. But is that the backdrop for a broader recovery?

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British Pound Bounces as BoE Buying Gilts Stems Havoc for Now. Where to for GBP/USD?

The British Pound is remains under siege despite the Bank of England rolling up their sleeves and buying long-dated bonds to mitigate monetary and fiscal policy disparity.

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USD/CAD Reveres from Fresh Yearly High Ahead of US PCE Report

An uptick in the US Personal Consumption Expenditure (PCE) Price Index may keep USD/CAD afloat as the Federal Reserve pursues a restrictive policy.

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Crude Oil Rallies with Gold Prices as Markets Entertain a Less Hawkish Fed After BoE QE

Crude oil prices rallied with gold and the S&P 500 after the Bank of England temporarily restarted quantitative easing. Markets eye a less-hawkish Fed. Are traders setting up for disappointment?

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US Dollar Pullback Green Lights APAC Currency Rally Ahead of NZD Economic Data

The New Zealand Dollar took advantage of a broader pullback in the US Dollar, outperforming its major peers, including the Australian Dollar. New Zealand economic data is on tap for today’s session.

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