The unemployment rate of the US fell to 13.3%, down from 14.7% in April, as businesses started hiring again. Firms in the food, construction, and health care sectors started again to take staff. In total, employers added 2.5 million jobs, with the education and retail sectors also recruiting. It came as US states started rolling [...]
MACD is an acronym for Moving Average Convergence Divergence. This indicator is a tool that's used to identify moving averages that are indicating a new trend, whether it's bullish or bearish. After all, our top priority in trading is being able to find a trend, because that is where the most This trading strategy works as : [...]
An “inside bar” pattern is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar, i.e. the high is lower than the previous bar's high, and the low is higher than the previous bar's low. the inside bar is a 2-candlestick [...]
On Wednesday’s Bank of Canada policy meeting was a much-excepted event. The interest rates of BoC was unchanged at 0.25%. The statement noted the uncertainty on how the recovery would unfold from the corona virus impacted economy but positive notes were added that the impact of COVID-19 on the economy had peaked. There will be [...]
