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Daily Forex News by XtremeMarkets.com
xtrememarkets replied to xtrememarkets's topic in Forex News & Analysis
Australian Dollar Falls Due to Weak Housing Data and Strong US Dollar Following weak housing data, the Australian dollar (AUD) continued to decline against the US dollar (USD) on Wednesday, continuing its losses for the second straight session. The AUD/USD pair declined as investor sentiment intensified, with the S&P/ASX 200 index edging down 0.14% to trade below 8,950. It occurred due to declines in technology and gold stocks. New data showed that Australia’s housing sector is slowing down. In August, private house approvals fell by 2.6%, after a slight rise the month before. Building permits also dropped by 6%, marking the second consecutive month of decline, and these weak data statistics have raised concerns about the economy and added pressure on the Australian dollar. Even so, the Australian dollar received some support from the Reserve Bank of Australia (RBA), which remains cautious. The bank maintained its main interest rate at 3.6%, citing that inflation remains high and the job market remains strong. Policymakers don’t want to cut rates too early while prices for services stay above target. Globally, the US Dollar Index reached 98.80, marking its third consecutive day of gains for forex traders who showed trust in it. The dollar remained strong, despite many traders expecting the Federal Reserve to cut rates later this year. Traders are becoming increasingly anxious due to the ongoing discussions about a potential US government shutdown, the Fed’s conflicting responses, and the delays in the publication of economic data. Read Full News : Daily & Weekly Analysis on XtremeMarkets -
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Petergambi joined the community
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Market Fundamental Analysis by RoboForex
RBFX Support replied to RBFX Support's topic in Forex News & Analysis
US 30 forecast: the index hit a new all-time high and entered a correction After reaching a new all-time high, the US 30 index has begun to decline, although the overall trend remains upward. The US 30 forecast for today is positive. US 30 forecast: key trading points Recent data: US services PMI (preliminary) came in at 54.2 in September Market impact: the data has a moderately positive effect on the stock market Fundamental analysis The US services PMI for October 2025 stood at 54.2, slightly above the forecast of 53.9 but marginally below the previous reading of 54.5. A PMI reading above 50.0 indicates an expansion in business activity in the service sector, which remains the primary driver of the US economy. A stronger-than-expected reading signals steady demand and positive sentiment among businesses, supporting expectations of moderate economic growth without signs of overheating. For the equity market, such data is generally viewed positively, as it confirms the resilience of corporate earnings and overall economic activity. However, the slight decline compared to the previous month may be interpreted as a sign that the economy is gradually stabilising after a phase of robust expansion. This reduces overheating concerns but may also temper excessive investor optimism. For the US 30 index, the PMI results are moderately positive. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team -
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The rise of Decentralized Finance (DeFi) has completely changed how people borrow, lend, and earn interest on digital assets. Among the top DeFi protocols, Compound stands out as a leading platform that enables decentralized lending and borrowing through smart contracts. For entrepreneurs and crypto startups, creating a similar platform from the ground up can be complex, expensive, and time-consuming. This is where a Compound becomes an ideal solution. What Is a Compound? A Compound is a ready-made, white-label DeFi protocol designed to replicate the core features of the Compound platform. It allows you to build your own decentralized lending platform where users can supply assets, earn interest, borrow crypto tokens, and participate in governance — all managed by secure, transparent smart contracts. This script can be fully customized to match your branding, add new tokens, modify interest rate models, and integrate additional DeFi features to meet your platform’s goals. Key Features of a Compound Lending & Borrowing Protocols: Users can deposit crypto assets to earn interest or borrow supported tokens seamlessly. Smart Contract Automation: All transactions are processed through on-chain, audited smart contracts for full transparency. Dynamic Interest Rates: Automatically adjusted based on real-time supply and demand. Liquidity Pools: Ensures stable lending and borrowing markets. Multi-Chain Support: Compatible with Ethereum, Polygon, BNB Chain, and other EVM networks. Admin Dashboard: Manage tokens, parameters, and platform settings easily. Governance Module: Optional integration of governance tokens for community participation. Customizable Interface: Easily rebrand and adjust features according to your target audience. Benefits of compound Faster Time to Market: Launch your DeFi platform quickly without building from scratch. Cost-Effective: Significantly reduces development and auditing expenses. Fully Customizable: Add new tokens, chains, or features as your platform grows. Scalable Infrastructure: Built to handle increasing users and liquidity efficiently. Final Thoughts Launching a Compound is one of the smartest ways to build a secure and scalable DeFi lending platform. Instead of spending months on development, you can deploy a fully functional platform equipped with smart contracts, liquidity pools, governance options, and admin controls. Before going live, it’s crucial to follow proper security audits and regulatory guidelines to ensure user safety and legal compliance. With the right strategy, a Compound can give you a solid foundation to enter the DeFi space, grow your user base, and build a trusted lending ecosystem.
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A lot of traders jump into price action strategies because they’re clean, indicator-free, and feel “pure.” But beginners often repeat the same mistakes that cost them money. Here are 10 I see all the time (and what to do instead): Forcing trades on every candle – Not every move is a setup. Patience pays. Ignoring the higher timeframe – A bullish pin bar on 5m means little if the daily trend is bearish. Not marking key levels – Support/resistance zones matter more than candlestick shapes in isolation. Overcomplicating patterns – Stick to a few reliable setups instead of chasing every formation. Trading without context – News, volatility, and sessions still influence price action. Poor risk management – A textbook setup still fails sometimes. Always size trades correctly. Chasing the market – Entering late just because price “looks strong” usually ends in regret. Ignoring market structure – Higher highs/lows or lower lows/highs tell you more than any single candle. No backtesting – If you haven’t tested your strategy over months of data, you’re gambling. Not journaling trades – Without reviewing mistakes, you’ll keep repeating them. What’s the biggest mistake you made when you first tried price action?
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fractionalcooconsulting joined the community
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Airdrops will always attract serious crypto users, it just depends on the niche they come from. For example, in the Bitget Trading Club Championship I joined last week, I received an airdrop of 50 BGB just for trading futures. And as we all know, no complete beginner starts with futures. The championship is still ongoing, and I plan to explore the spot trading option next to stack more BGB. So regardless of your area in crypto, well-structured airdrops will always draw in genuine, active users.
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In Web2, big platforms like Facebook and Google control your data. But in Web3, you’re in control. 🔑 With blockchain technology, you own your content, data, and digital assets. Here's why it matters: 1. Full Control: Your data, your rules. 2. Monetization: Creators can earn directly, no middlemen. 3. Security: Blockchain ensures privacy and security. Web3 is revolutionizing the digital world, are you ready to take back ownership? #Web3 #Blockchain #Crypto #DigitalOwnership #Innovation