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Dow Testing Short Term Head and Shoulders Neckline The Dow is testing critical support from the June high. This level has been support since 8/20. A break below would complete a head and shoulders to...
What is currently the biggest Ponzi Scheme in the world?

PBOC sets yuan reference rate at 6.8028

The People's Bank of China (PBOC) has set the yuan reference rate at 6.8028 versus Wednesday's fix at 6.7986.

Australian Treasurer Frydenberg: Recession will dampen participation, productivity

“The budget coming up on October 6 will be addressed at a 'unique' recession, said Australian Treasurer Josh Frydenberg while speaking at a news briefing in Canberra this Thursday. Additional quotes “Strategy is for a focus on a jobs-led recovery.” “Recession will dampen participation, productivity.

Evolve Financials, BNY Mellon clone firm and others added to FCA’s warning list

UK watchdog FCA has put out the details of several new unregulated companies, as well as few clone firms. The names of the latest additions to the regulator’s warning list are the companies Evolve Financial Services Limited, BN Private Wealth Management, Whichrates4U, London Bonds Agency, My Investm

NZDUSD

#NZD/USD# Double top formation TP = 0.65200 its good

US30 Short

#US30# Price has broken a major uptrend line. This uptrend started in March. Price is currently retesting the trend line for possible entry reasons. There is also a head shoulders formed or our day time frame. You can use the neckline (bottom yellow box) retest as sell entry opportunitie

USD/CAD Weekly Outlook

USD/CAD stayed in consolidation below 1.3259 last week, held above 1.3086 minor support. Initial bias remains neutral this week first and further rise is in expected. On the upside, break of 1.3259 will resume the rebound from 1.2994 short term bottom, targeting 38.2% retracement of 1.4667 to 1.2994

Gold Price Analysis: XAU/USD stays depressed near $1,950 despite risk off mood

Gold remains sluggish around $1,950 after declining from $1,951.86 at the week’s start. Virus woes return to the table but hopes of further stimulus seem battling the safe-haven bulls. US-Iran and Sino-American tussles continue, Brexit headlines offer mixed clues. Fed Chair Powell’s speech will be t
How to use the 50 EMA? #howtomasterforextrading# #tradingskill#
Long US tech most "crowded trade" of all-time (80%) in BofA Fund Manager Survey; "tech bubble" now 2 FMS tail risk after COVID-19 "second wave." 23 of 82 "most crowded trades" were "peak" crowded trad...
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18 Sept

Apresiasi Cepat Yuan Dapat Merugikan Manufaktur Tiongkok - Herald

The 21st Century Business Herald memuat artikel opini editorial pada hari Jumat, mengomentari apresiasi yuan dan implikasinya pada sektor manufaktur Tiongkok.Kutipan UtamaLonjakan yuan baru-baru ini dapat menarik arus masuk modal dan mendorong perdagangan spekulatif yang dapat mengganggu perkembanga
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17 Sept

Nasdaq 100 selling correction has likely run its course – JP Morgan

During the late-US session on Tuesday, JP Morgan’s head of macro quantitative and derivatives research Marko Kolanovic crossed wires via Bloomberg. The analyst turns bullish on the Nasdaq 100 equity index while spotting the recent tiring of selling positions. Key quotes The tech-led selloff that se
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17 Sept
$AAPL debuting its new Apple Fitness+ app for the Apple Watch & iPhone. The service is available for $9.99 month/ $79.99 year, provides guided exercise videos that they can follow along with as they f...
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17 Sept

Stock market news live updates: Stock futures little changed after Fed signals rates on hold until at least 2023

Stock futures were little changed to slightly higher Wednesday evening as market participants continued to parse through the Federal Reserve’s September monetary policy announcement, and looked ahead to Thursday’s economic data reports including new weekly jobless claims. Central bank officials

Pull-up Update