How to understand Harmonic Trading Patterns in Forex This article will provide traders with a detailed explanation of what Harmonic Trading Patterns are, how harmonic trading patterns are used in currency markets, as well as, exploring market harmonics, harmonic ratios, and much more! All of this is based on teachings from Scott M. Carney. Forex Harmonic Trading […]
Forex Harmonic Trading Style Patterns Read More »
Reversals VS Retracements How Identify How to properly Identify Properly distinguishing between retracements and reversals can reduce the number of losing trades and even set you up with some winning trades. Reversals vs Retracements Classifying a price movement as a retracement or a reversal is very important. It’s up there with paying taxes. *cough* There are several key differences
Reversals VS Retracements How Identify # Read More »
Published 04/26/2024, 12:42 AM Updated 04/26/2024, 12:42 AM Most Asian currencies weakened on Friday, while the dollar steadied in anticipation of key inflation data that is expected to factor into the Federal Reserve’s stance on interest rate cuts. While an overnight drop in the dollar- following weaker-than-expected U.S. gross domestic product data- offered some relief to Asian
America inflation weaken Asian Currencies ; yen getting down due bank of japan Read More »
Bank of America (BofA) forecasted that the USD/CNY exchange rate is expected to increase, projecting a rise to 7.35 by the second quarter of 2024 and reaching a peak of 7.45 by the third quarter of the same year. The bank’s outlook is based on persistent rate differentials and unbalanced policy measures. In addition to
BofA has adjusted another yun Asian currencies Read More »
