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July 6 - According to Iranian sources, the funeral service for the late Iranian Supreme Leader Ali Khamenei was held in Tehran, the Iranian capital, on the 6th, with millions of mourners in attendance. The service reportedly began at 6:00 AM, with large crowds gathering hours earlier to pay their respects.The yield on Japans 20-year government bonds rose 3.5 basis points to 3.785%.On July 6th, industry research firm SemiAnalysis reported that Nvidias (NVDA.O) next-generation flagship product—the Kyber rack-mount architecture designed for the 2027 Rubin Ultra chip—has been delayed by more than 12 months to 2028 due to manufacturing difficulties with a key circuit board. This is the latest in a series of recent product setbacks, further deepening market concerns about Nvidias product roadmap. SemiAnalysis report indicates that the delay stems from manufacturing challenges with the systems core—the PCB midplane. SemiAnalysis stated that Nvidia currently "lacks a mature solution to scale up Rubin Ultra," potentially opening a rare technological window for competitors like AMD (AMD.O) and Google (GOOG.O), whose self-developed chips are already being used in top AI labs.Citigroup raised its target price for TSMC from NT$2,875.00 to NT$3,800.00.July 6th - At approximately 9:00 AM today, due to the impact of Typhoon Maysak, Guangxi experienced continuous heavy rainfall accompanied by severe convective weather. To ensure passenger train safety, some trains on the Nanning-Guangzhou Railway were temporarily suspended. Simultaneously, some trains on the Shanghai-Kunming Railway, Beijing-Guangzhou Railway, and Huaihua-Hengyang Railway were also suspended due to the rainfall.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • NFP and Forex: What is NFP and How Does It Work?

    Non-farm payrolls (NFP) are a critical economic indicator for the US economy. It is the amount of new employment created, excluding agricultural workers, government employees, private home employees, and nonprofit organization employees.

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  • 5 Ways to Control Risk When Trading Forex

    Proper risk management is a must if you want to be a successful trader. Continue reading to learn about the risk control techniques that every forex trader should be familiar with.

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  • How To Evaluate Leading Economic Indicators?

    Leading economic indicators forecast the next business cycle phase. Leading indicators help you stay ahead of the curve. This article demonstrates how economic indicators may be used to assess the status of the economy.

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  • How to Trade Forex During the Asian Trading Hours?

    The Asian session is notorious for being the slowest and most difficult session for forex traders. This article will teach you how to trade forex during Asian trading hours.

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  • How to Trade Using the Carry Trade Strategy?

    Carry trading is one of the most basic currency trading methods available. This post will provide you an overview of forex carry trading - what it is, how it works, and how to apply your own carry trade strategy.

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  • How to Enhance Your Moving Average Crossover Strategy

    Moving averages are indicators used in technical analysis. In this essay, I'll show you how to improve on the basic moving average crossover strategy.

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  • How to Use a MACD Crossover to Enter Trades

    The Moving Average Convergence/Divergence (MACD) indicator is a technical indicator that measures the market's momentum and direction by comparing the difference between two exponential moving averages. When the MACD line and the signal line intersect, the MACD crossover occurs, frequently signalling a change in the market's momentum/trend. The MACD is regarded as a very accurate indicator, particularly in trending markets.

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  • The Ascending Triangle: What is it & How to Trade it?

    The ascending triangle, sometimes known as the 'rising triangle,' is a popular mid-trend continuation pattern. Traders predict that the market will continue in the direction of the wider trend and therefore build trading setups.

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