The three outside up and three outside down candlestick patterns offer traders a powerful way to analyse potential market reversals. Formed by 3 consecutive candlesticks they can signal key shifts in market sentiment, providing valuable insights into future price movements. In this article, we’ll break down how traders identify, trade, and confirm these patterns. What…
By Stella Qiu SYDNEY (Reuters) -Asian stocks edged lower on Tuesday, contrasting with a strong Wall Street close and investor optimism about corporate earnings, while the dollar held near a two-month top, aided by bets on a smaller U.S. rate cut next month. Oil prices fell about 3% after Israeli Prime Minister Benjamin Netanyahu reportedly…
Euro bears are holding their ground against the yen ahead of the ECB’s policy announcement! Think EUR/JPY will keep inside its range pattern in the next trading sessions? Or is the pair ready for a breakout? EUR/JPY 4-hour Forex Chart by TradingView In a few days, European Central Bank (ECB) members are widely expected to…
New Zealand is gearing up to print its quarterly inflation figures that are likely to influence RBNZ policy expectations. Can an upside surprise put an end to their easing cycle soon? Here are a couple of setups I’m watching on NZD/JPY and NZD/CAD in the event of hotter-than-expected New Zealand inflation. This…
Other key findings include surge of info-stealers The post New WatchGuard Threat Lab Report Finds Threat Actors Attempting to Turn Blockchains into Hosts of Malicious Content appeared first on ForexTV. Source link
In a speech overnight, Fed Governor Christopher Waller provided noted that recent economic data has been “uneven,” with both positive signals and areas of concern, but emphasized that the US economy remains on “solid footing.” Employment is near the Fed’s maximum objective, and inflation is approaching the target, despite some disappointing recent inflation figures. In…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
Is Netflix about to continue its bullish climb, or are the bears preparing for a pullback? With NFLX earnings right around the corner, we’re now approaching key technical levels that could set the stage for the next move. Here’s a closer look at the current setup. Netflix (NFLX): 4-hour NFLX: 4-hour Chart by TradingView Remember…
United Arab Emirates (UAE) granted AED Stablecoin LLC in-principle approval to launch AE Coin, the country’s regulated stablecoin, GulfToday reported. The stablecoin issuer aims to improve payments and transactions in the region. It also seeks to offer a stable currency based on blockchain technology and pegged to the Dirham for security and a better experience…
By Gertrude Chavez-Dreyfuss and P.J. Huffstutter NEW YORK (Reuters) -The U.S. dollar touched a 10-week high on Monday in thin trading, extending its weeks-long bullish run sparked by data showing a modestly slowing economy that lined up with bets for moderate interest rate cuts by the Federal Reserve. Volume was light with several markets, including…