The US Bureau of Labor Statistics (BLS) reported a significant rise in Nonfarm Payrolls (NFP) in May, with an increase of 272,000 jobs. This figure surpassed market expectations of 185,000 and...
Category: Fundamental Analysis
Today, I will present the Quasimodo Pattern, or, as more people know, the "Bearish Head and Shoulder Pattern." What is the Bearish Head and shoulder pattern? The Bearish Head and shoulder pattern...
How Central Bank Demand Is Reshaping Gold’s Future as a Global Monetary Asset?
The passage highlights a significant trend in the global economy and financial markets concerning gold's role and value, particularly in the context of central bank strategies and broader market...
U.S. Economic Uncertainty: The Alarming Rise of Household Debt and Delinquencies
The recent release of the Quarterly Report on Household Debt and Credit by the New York Fed for the fourth quarter of 2023 has highlighted a critical aspect of economic uncertainty that may not...
What is Order Block in Forex? – Order Block Trading Strategy
Retail traders are increasingly active in anticipating price fluctuations and considerate marketplace subtleties. Twenty to thirty years ago, central banks and economic organizations could influence...
How Jerome Powell’s Dovish Federal Reserve Policies Influence the U.S. Dollar and Equity Markets?
The Federal Reserve, often called the Fed, is a pivotal institution in the global financial landscape, steering the United States' monetary policy. At its helm is Jerome Powell, whose leadership and...
