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Tax Cuts, Business Investment and Debt Reduction
Main Takeaways from the 2023 UK Autumn StatementMain national insurance rate to be cut by 2%, from 12% to 10% for 27 million peopleFull expensing of capital investment for businesses made permanent. Business investment to improve by £20bn…
Manual for the indicator “Bill Williams Advanced” – Other – 22 November 2023
Bill Williams Advanced is designed for chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes the signals of the AO and AC indicators on four time frames at once and places it(signals) in the panel in the upper…
ADR Order Block Finder MT4 Indicator
In the ever-evolving world of forex trading, staying ahead of the curve is essential. Traders are constantly seeking tools and indicators that can provide them with an edge in the market. One such tool that has garnered attention is the…
Daily Forex News and Watchlist: AUD/CAD
Not feeling like trading the U.S. dollar today?
We’ve got our eyes on AUD/CAD possibly reversing from its short-term trend! What do you think?
Before moving on, ICYMI, yesterday’s watchlist checked out AUD/USD’s…
Sticks to modest intraday gains above 1.3700, lacks bullish conviction
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USD/CAD attracts fresh buyers on Wednesday and draws support from a combination of factors.
Softer…
RBA Minutes Reveal Motive Behind the November Hike
Aussie Dollar (AUD/USD, AUD/JPY) Analysis• RBA minutes: Anchor inflation expectations while the cash rate is comparatively low• AUD/USD retreats off intraday high and 200-day SMA – watch for further USD weakness• IG client positioning…
Hovers above 1.0900 on ECB Lagarde’s hawkish comments
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EUR/USD strengthened as ECB President Lagarde stated that it is premature to declare victory over…
Yen Strengthens Ahead of Japanese CPI Report
Japanese Yen AnalysisJapanese Yen backs away from supposed intervention trigger after renewed strengthUSD/JPY breaks beneath a dynamic level of prior supportJapanese yen is most heavily shorted since at least 2020, posing risk of a short…
Australian Dollar attempts to recover recent losses post FOMC minutes
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Australian Dollar faced challenges due to the modestly hawkish tone of FOMC minutes.
Australia’s…
USD/CAD Remains Rangebound as Canadian CPI Falls More Than Expected. Where to Next?
USD/CAD PRICE, CHARTS AND ANALYSIS:Read More: The Bank of Canada: A Trader’s GuideUSDCAD has been stuck in a range since the beginning of November with the recent drop in Oil Prices coinciding with US Dollar weakness keeping the pair…