Trading Forex is a complex game that absorbs a lot of time and requires psychological endurance and vast knowledge of all aspects of the art of price prediction, particularly the ability to recognize the important candlestick patterns and act accordingly. The multitude of indicators that are available on all Forex trading platforms might help you refine an entry or an exit point, but everything still boils down to traders’ prowess as an interpreter of candlestick patterns. For this reason, we have compiled a list of the best candlestick patterns for Forex trading, the majority of which are the reversal ones, because only they will assist you in figuring out when it’s time to buy low and sell high.
CRUDE OIL PRICE OUTLOOK:
NEW ZEALAND DOLLAR, NZD/USD, GDP, FOMC, MONETARY POLICY -TALKING POINTS
US DOLLAR TALKING POINTS:
-Gold stays pressured near weekly/monthly low, extends Friday’s losses. -US dollar benefits from safe-haven bids ahead of FOMC, Treasury yields consolidate latest losses. -Off in Australia, China and a light calendar limits fresh catalysts needed for bounce, G7 updates battle stimulus hopes. -US Retail Sales may offer intermediate direction ahead of FOMC.
The G-7’s vaccine pledge falls short. Investors await a key Fed meeting. Bitcoin’s whipsawed yet again. Here’s what you need to know to start your day.
The majority of forex brokers have turned to offshore regulation in search of looser jurisdictions to reduce their operating costs.
Juno Markets, a retail broker offering forex and CFD trading, announced on Monday the addition of crypto CFDs to its product list...
Four forex platforms that have seen changes in their licenses this week are listed as follows for your reference.
CMCMarkets recently posted its financial results for the full year to March 31, 2021, with income beating forecasts.
India May Classify Bitcoin As Asset Class.
Uncovering the Truths of FX Trading.
Inflation Might Keep Rising in 2021 - But What Happens Next?
Broke MIT students miss 13,000% gain on free BTC after selling for food and shoes
Daily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
SEC again warns investors against bitcoin futures funds
Will Digital Money Market Collapse?
Inflation hot at 13-year high, what will happen to gold?
Here’s why cryptocurrency crashes on weekends
FCA regulated online brokerage firm Trading212 UK Limited has raised an additional £6.0 million (USD $8.5 million) of capital. The investment was made by Trading212 controlling shareholders Borislav Nedialkov and Ivan Ashminov.
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