Traders Blog - Analysis, Strategies, News and more: Tag - Forex Market
Fed and RBNZ Hold Rates Steady, But What's Next?
So, it seems like the Federal Reserve (Fed) made a move that was widely expected. They increased the interest rates by 25 basis points (bps), but other than that, they didn`t make any significant changes to their policies. Fed Chair Powell emphasized...
China's Copper Connection: Price Swings and Recent Setbacks
You know how copper is like that friend who hangs out a lot with China? Well, China loves using copper a ton, and when China`s doing great, it wants more copper, so the prices go up. But when China`s not doing so hot, it doesn`t want as much copper,...
How To Read Candlesticks
Candlesticks and candlesticks patterns are the most important thing you will need to understand when trading. Without understanding candlesticks you can’t read prices much less make accurate trading decisions about what’s going to happen next. So hav...
Foreign investors dump $9.3 billion worth of Chinese blue-chip stocks in record sell-off
International investors are divesting from China's prominent stocks in an unprecedented selling spree.Between August 7 and 18, foreign investors offloaded 6.2 billion yuan (approximately S$1.17 billion) worth of shares in Kweichow Moutai, China's lar...
Chart Patterns Test: Double Top/Double Bottom
Hey there,Ready to take your chart analysis skills up a notch? Let`s dive into the "Double Top/Double Bottom Chart Patterns Test"! This test will help you understand and identify these crucial patterns that can shape your trading decisions.Section 1:...