Candlestick patterns are important tools in technical trading. Understanding them allows traders to interpret possible market trends and form decisions from those inferences. There are various types of candlestick patterns which...
EUR/USD ANALYSIS TALKING POINTSU.S. labor data unlikely to deter Fed officials.EUR/USD weekly long upper wick a concern for euro bulls.
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AUD/USD ANALYSIS & TALKING POINTSChinese economic outlook hampers Australian commodity export forecasts.Recessionary fears limit AUD upside.Hawkish Fed bets may be declining giving hope to Aussie bulls.
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POUND STERLING TALKING POINTSMarkets look to new PM Rishi Sunak for guidance around policy stance and cabinet.Calm has been somewhat restored as indicated by key GBP inputs.Ascending triangle points to impending upside breakout.
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BRENT CRUDE OIL (LCOc1) TALKING POINTSMacro environment pointing to sustained downward pressure for brent crude.CFTC data shows added longs.
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