Posted Jul 28, 18:40

New Premium Trade & Pressure Lifts on the Fed

New Premium Trade & Pressure Lifts on the Fed Chart
1 hour ago: 

The Fed blackout period was a reminder the central bank can be its own worst enemy --something it may keep in mind ahead of this evening's FOMC decision. More below.  The yen was the top performer Tuesday while the New Zealand dollar lagged. A new Premium trade has been issued moments ago. 

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PREMIUM INSIGHTS Update: Jul 28, 18:42
PREVIOUS NEWS
China in Flux & Tech Tuesday Jul 27, 2021 12:46: 

China's markets resume their selloff in light of the escalating crackdown on educational tech companies but that's not the only reason to worry. Durable goods orders, consumer confidence and the Richmond Fed are due up next. After the closing US bell, earnings are due from US tech giants Apple, Microsoft, and Alphabet. The chart below suggests Bitcoin is gradually breaking out of the negative cycle of daily changes, as the gains grow and the declined shrink.    

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Pivotal Week Ahead Jul 26, 2021 14:33: 

Before we inform you how how busy this week will be, it's worth mentioning the positive technical developments in cryptos. Cardano and Bitcoin managed to escape the selling onslaught and made it well above their key support levels of $1.25 and $28500 respectively. But enthusiasm must be tempered until we break out $1.50 and $44000. Markets impressively shook off last week's terrible start and to ultimately leave G10 FX largely unchanged on the week. That series of reversals from breakdowns and doji stars underscores both the resilience of markets and the uncertainty. The heavy calendar in the week ahead sets up the potential for lasting moves in August. Ashraf tweeted the below points yesterday. Could there be something new? 

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