Market Update – August 28 – Higher for Longer

China bourses rallied after China announced support for equities markets; Beijing lowered stamp duty on stock traders for the first time the 2008 financial crisis and at the same time pledged to slow the pace of initial public offerings in an effort to boost investor confidence. Fed Chair Powell signalled caution on additional rate hikes.

Japan maintains overall assessment of its economy in August

The only standout is that the Japanese government raised the view on exports for the first time in three months, noting that it is “showing movements of picking up recently”. Besides that, here is the rest of the overall assessments: Private consumption is picking up Business investment is picking up Industrial production shows signs of

Rectangle pattern trading indicator – Market News – 27 August 2023

How I use rectangle pattern trading This post is to show how I use technical analysis tools for rectangle pattern trading. Rectangle pattern breakout indicator is part of this tools. A lot of rectangle trading pattern can be marked with this tools. I also like to mark out rectangle pattern forex on chart. Some of rectangle pattern in trading can

Trendline trading strategy with trendline indicator – My Trading – 27 August 2023

Trendline indicator for trendlines in technical analysis This post is about trendline trading strategy with trendline indicator. Trendline forex and trendline strategy is base for this trading tool described in video. Trendlines with breaks, trendlines in technical analysis and trend line chart pattern indicator are best with technical trading tools approach. Types of trendlines in technical analysis I also use trendlines

Monday morning open levels – indicative forex prices – 28 August 2023

On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online. Prices are liable to swing around on not too much at all, so take care out there. Indicative rates: EUR/USD 1.0801 USD/JPY 146.45 GBP/USD 1.2581 USD/CHF 0.8848 USD/CAD 1.3588 AUD/USD 0.6409 NZD/USD 0.5906 لینک منبع : هوشمند

Weekly Market Recap (21-25 August)

Monday: The PBoC cut the 1-year LPR rate by less than expected and held the 5-year rate steady: LPR 1-year 3.45% vs. 3.40% expected and 3.55% prior. LPR 5-year 4.20% vs. 4.05% expected and 4.20% prior. PBoC The German July PPI missed expectations: PPI M/M -1.1% vs. -0.2% expected and -0.3% prior. PPI Y/Y -6.0%