About: jonywang
Recent Posts by jonywang
Technical Analysis: Chart Patterns

Traders believe that the underlying theory behind chart patterns is that various shapes, or patterns, repeatedly show up on charts, and highlight various trends that can present trading opportunities. The most common chart patterns are: Symmetrical Triangles Ascending Triangles Descending Triangles Double Top Double Bottom Head and Shoulders Reverse Head and Shoulders Symmetrical Triangles AContinue Reading
Written on September 7, 2023 at 9:17 am
Categories: Trading Basics
Technical Analysis: Chart Patterns

Traders believe that the underlying theory behind chart patterns is that various shapes, or patterns, repeatedly show up on charts, and highlight various trends that can present trading opportunities. The most common chart patterns are: Symmetrical Triangles Ascending Triangles Descending Triangles Double Top Double Bottom Head and Shoulders Reverse Head and Shoulders Symmetrical Triangles AContinue Reading
Written on September 7, 2023 at 9:17 am
Categories: Trading Basics
Strong NFP Bolsters Dollar’s Strength

Nonfarm Payroll beat expectations, lifting the dollar. China reduced property down payments, boosting its equity markets. The latest Nonfarm Payroll report, released last Friday, exceeded market expectations with 187k jobs added, significantly higher than the previous 157k. This robust job data boosted the dollar by over 0.6%, while equity markets took some time to digestContinue Reading
Written on September 7, 2023 at 9:16 am
Categories: Daily Market Analysis
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