How to Trade US ISM Manufacturing PMI
The US ISM Manufacturing PMI provides valuable insights into the health and performance of the manufacturing sector in the United States
Month: July 2023
How to Trade the RBA Policy Decision
The RBA policy decision refers to the outcome of the regular meetings held by the central bank’s board to determine the direction of monetary policy in the country
How to Trade China Caixin Manufacturing PMI
The Purchasing Managers’ Index (PMI) is a widely recognized economic indicator that provides valuable insights into the health and direction of a country’s manufacturing sector
Understanding the FOMC & the Role of the Federal Open Market Committee
The FOMC is a committee within the Federal Reserve, often referred to as the Fed, the central banking system of the United State
Understanding the Bank of Japan (BOJ)
Established in 1882, the BOJ has evolved over time to adapt to the changing needs of Japan’s economy. With its headquarters in Tokyo, the bank operates under the guidance of its governor and a board of members
Understanding the Deutsche Bundesbank
The Deutsche Bundesbank, often referred to as the “Bundesbank,” is the central bank of Germany and was established in 1957
Understanding the In Neck Pattern
The In Neck pattern is a two-candlestick formation that typically appears during a downtrend. It is characterized by a bullish candlestick followed by a bearish candlestick that closes slightly above the low of the previous candlestick
Understanding the Power of Morning Star
Morning Star consists of three candlesticks, a bearish long candle followed by a small-bodied candle and the third candlestick is a bullish long candle
Understanding the Inverted Hammer
An inverted hammer is a single candlestick pattern that is formed at the end of a downtrend. It is characterized by a small body located at the upper end of the candlestick and a long lower shadow
Understanding Piercing Line
The Piercing Line pattern is a two-candlestick formation that occurs during a downtrend. It is considered a bullish reversal signal, indicating a potential shift in market sentiment from bearish to bullish