Wednesday, 31 August 2022

How to Manage Fear and Greed in Trading

Fear and greed, two drivers that influence our lives, can carry over to trading and be detrimental.

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Euro Struggles After Another Fed Flex Toward Higher Rates Boosts the US Dollar

The Euro gave up some ground today as US Dollar strength continues across the board after more Fed messaging lifted Treasury yields and sunk currencies, commodities and equities.

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Gold Price Lurching Lower as US Dollar and Yields Gain. Where to for XAU/USD?

Gold has eased in the aftermath of the Federal Reserve's Jackson Hole meeting that sent Treasury yields and the US Dollar higher. Will the XAU/USD recover?

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Crude Oil Price Rebound Unravels After Testing 50-Day SMA

The price of oil may continue to give back the advance from the monthly low ($85.73) as it appears to be reversing course after testing the 50-Day SMA ($96.34).

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AUD/USD Probes Fresh Multi-Month Lows to Kick Off September Trading

The Australian Dollar is moving lower against the US Dollar after US stocks fell for a fourth session. China's Caixin PMI data is in focus after Australian PMI data declined for August.

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USD/JPY Rate Approaches Yearly High Ahead of NFP Report

Data prints coming out of the US may keep USD/JPY afloat as the Non-Farm Payrolls (NFP) report is expected to show a further improvement in the labor market.

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S&P 500, Nasdaq and Dow Extend Losses as Bears Remain at the Driver’s Seat

US Indices ended today’s session and the month of August in negative territory in an environment of low liquidity and rising interest rates

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British Pound (GBP/USD) Forecast: Nord Stream Shutdown Adds Fuel to Energy Crisis

GBP headwinds intensify as a major Russian pipeline stops gas flows to Europe leaving the pound vulnerable to further downside.

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Tuesday, 30 August 2022

AUD/USD Unfazed on China PMI Data Amid Sour Market Sentiment

The Australian Dollar was largely unfazed against the USD after China's manufacturing activity crossed the wires. The PMI index remained in contraction, dimming hopes that a Chinese economic reboun...

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USD/CAD Rate Eyes Yearly High Ahead of Canada GDP Report

USD/CAD may stage another failed attempt to test the yearly high (1.3224) as Canada’s Gross Domestic Product (GDP) report is anticipated to show a pickup in the growth rate.

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New Zealand Dollar Eyes Chinese Economic Data as APAC Markets Prep for Risk-Off Move



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AUD/USD Rate Vulnerable to Upbeat US Non-Farm Payrolls (NFP) Report

The US Non-Farm Payrolls (NFP) report may drag on AUD/USD as the update is anticipated to show a further improvement in the labor market.

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S&P 500, Nasdaq, Dow Pull Back: Good News is Bad News for Stocks

US Indices ended the session in negative territory as better-than-expected economic data indicates that the FOMC will not back away from its aggressive tightening cycle.

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Monday, 29 August 2022

Gold Price Outlook Mired by Failure to Push Back Above 50-Day SMA



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S&P 500, Nasdaq, Dow Trim Earlier Losses

US Indices managed to retrace most early-session losses at the start of the week, but still ended the day lower, weighed by monetary policy fears.

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FX Week Ahead - Top 5 Events: China Manufacturing PMI; Eurozone Inflation Rate; Canada GDP; US ISM Manufacturing; US NFP

The final days of August and early days of September will feature a smattering of growth, inflation, and jobs data from Europe and North America.

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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When Can S&P 500 Volatility Break a Stock Diversification Strategy? Analyzing the VIX

When S&P 500 volatility is too high, a stock sector diversification strategy can fail. Using the VIX, what levels should traders watch for to identify this risk and what can be done about it?

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Dax 40 Dives as Equity Rout Widens After Fed Chair Powell Returned to Hawkish Script

Reserve Chair recalibrated markets into a higher for longer interest rate mindset. Will the Dax go lower?

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Sunday, 28 August 2022

Japanese Yen Slips Against US Dollar as Powell Confirms Hikes. Where to for USD/JPY?

The Japanese Yen lost ground against the US Dollar after the Federal Reserve made it clear that the fight on inflation needs to be won and signalled tighter policy is coming.

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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...