Month: October 2021

The Trading Strategy That the Top Traders Use: Rule-Based Systematic Forex Trading Strategy Approach! In this video we go over the trading strategy that top traders use. For more forex trading strategy videos be sure to subscribe to the channel. Thanks for watching this video The Trading Strategy That the Top Traders Use: Rule-Based Systematic
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Falling to the weakest level since August, USDCAD was the worst performer amongst majors (CAD best performer against USD). Loonie’s rebound was driven by energy prices and strong job data. Elevated inflation also has again heightened speculations about BOC’s rate hike. The major driver of loonie’s strength was energy price. Crude oil price rallied as
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Bitcoin (BTC) kept markets guessing into the Wall Street open on Oct. 11 after seeing rejection on hitting its highest since May. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price teases $58,000 February high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tracking $57,000 after reaching $57,450 on Bitstamp — its best since May
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Yen continues to soften The yen is hitting new lows as higher energy prices inspire a fresh rotation into reflation trades. In Friday’s wrap I highlighted the AUD/JPY chart and the potential for a break above the September high. That’s exactly what we got today as that move follows earlier breakouts in CAD/JPY and USD/JPY.
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The regulators are closing in. It’s one thing to unbundle market functions to their parts ― custody, aggregators and Prime Brokerage ― to satisfy institutional compliance departments. It’s another to keep regulators happy. From the Financial Action Task Force pushing forward with its guidance for Travel Rule compliance to the still-evolving European Markets in Crypto-Assets
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Lael Brainard, governor of the U.S. Federal Reserve, speaks during the National Association of Business Economics (NABE) annual meeting in Arlington, Virginia, on Monday, Sept. 27, 2021. Al Drago | Bloomberg | Getty Images Federal Reserve Governor Lael Brainard‘s increased influence ahead likely means substantial changes and challenges for the nation’s banking system. Considered a
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Silver remains on the recovery mode, reversing late Friday’s pullback. Sustained break of 100-SMA, firmer RSI favor bulls. Three-week-old horizontal area, 200-SMA become strong resistances to watch. Silver (XAG/USD) begins the trading week with an uptick to near $22.70. The bright metal poked the highest levels since mid-September the previous day before easing from $23.20.
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