Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURNOK Norway’s interest rate is expected to remain unchanged at Thursday’s meeting. 150 basis points were cut from the benchmark since March 2020, sending the rate at zero percent. The central bank is anticipated …
Daily Market Charts and Analysis August 19, 2021 Read More »
If you have ever experienced forex trading, you might have come across candlesticks. What are these candle-shaped charts? How can we read them? Apparently, candlesticks are one of the most valuable charts traders use for market analysis. In this article, we will provide basic details that will help you read, use, analyze market updates with …
What are candlesticks, and how can you benefit from them? Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURPLN Hungary increased its interest rate by 30-basis points on June 22. The benchmark now sits at 0.90%, kickstarting the monetary tightening cycle in the country amid high inflation. The Czech Republic was the …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDJPY The world’s third-largest economy published its trade data for June 2021 on Tuesday, July 20. Japan delivered its biggest trade surplus in the past three (3) months of 383.20 billion from a deficit …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDDKK The Danish economy contracted by -1.0% in the first quarter of fiscal 2021. Aside from a less-than-feared result, the figure was also a major improvement from the two (2) preliminary numbers of -1.5% …
In our last article, we looked over some of the most popular basic chart patterns worth knowing. This included head and shoulders patterns, cup and handle patterns, and double top and bottom patterns. These would give one a basic idea of how to analyse charts for clues on the future movements of a market. In …
Chart patterns are your main tool in analyzing the value of any sort of stock. Without them, charts will simply tell you the past and present price of a stock (or a set of stocks). However, with the knowledge of what patterns to look for, one can extrapolate far more. Most of the more easily …
Without stock charts, knowing what’s going on in the financial world is difficult. In the modern world of trading, this digital age, prices change constantly. This means you need an easy way to have your pulse on the market. This becomes especially true if you are dealing in the short term. In the short term, …
If you are going to be trading in stocks, identifying the kind of market you are in is crucial. It is the primary way to learn about the status of a stock at the current moment. In case you are not aware, a bullish market is one where prices are rising, or may soon rise. …
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