For professional traders, the analysis of support and resistance levels in the foreign exchange market is a key component of technical analysis. Here are some cases where you can use a support and resistance forex trading strategy on trend lines. Please note…
The RSI is one of the most frequently used technical indicators by both private and professional traders. Its ease of use and added value when trading the markets make it the key tool of any trader or technical analyst. RSI…
(updated with a 2nd, and a 3rd lower-risk strategy, scroll down to bottom of the page!) The forex trading technique below is simply…awesome. If you are able to look at a chart and identify when the market is trending, then you…
Introduction The formation of a pin bar is in fact a trend reversal which consists of 3 bars. The term “Pin Bar” is an abbreviation of the term “Pinocchio Bar”. Let’s take a look at how a pin bar is…
U.S. private sector firms signalled a strong upturn in business activity in August, with both manufacturers and service providers registering expansions. Notably, it marked the first rise in service sector activity since the start of the year, while goods manufacturers…
Investing.com — U.S. stock markets opened mixed on Wednesday with ‘old-economy’ indexes outperforming the Nasdaq after another couple of barnstorming quarterly updates from the retail sector. Target (NYSE:TGT) stock rose 7.3% and home improvement expert Lowe’s (NYSE:LOW) stock rose 1.4% after…
Typically, blockchain exchanges and traditional exchanges, such as the Nasdaq or London Stock Exchange, have been seen as polar opposites where blockchain exchanges are seen as a more open, community-focused option, whereas traditional exchanges are seen as relics of the…
The S&P 500 struggled for direction on Thursday, following four straight days of gains as investors held out for a new coronavirus relief package, with latest data showing signs that a recovery in the labor market was stalling. The number…
By Tracy Rucinski CHICAGO (Reuters) – American Airlines Group Inc (O:AAL) expects to have between 10% and 20% more workers than needed in July 2021, Chief Executive Doug Parker told employees at a town hall this week, and said that…
For every dollar spent on unemployment insurance, there’s a multiplier effect leading to a 1.64 increase in GDP, research shows Two-thirds of Americans are receiving more money from unemployment benefits than they did from their jobs, largely because of a supplemental…