Summary
Candlestick formations are one of the most widely used charting methods in the modern trading world. They paint the picture of the trading world before our very eyes, but what story do they have to tell us? Navin Prithyani forex expert and analyst is joining us at FXStreet to broaden our understanding of candlesticks. He will take us beyond the basics and into the deeper understanding of what the market Buyers and Sellers are REALLY thinking and how their struggle is shaped in such a simple, yet complex form, the Japanese Candlestick.Latest Live Videos
Editors’ Picks
USD/JPY refreshes monthly high above 155.00 on BoJ's rates on-hold
USD/JPY is back above 155.00, refreshing monthly highs following the BoJ policy verdict. The BoJ left the short-term rate target unchanged in the range of 0.15%-0.25%. The decision came in line with the market expectations. Governor Ueda's press conference is now awaited.
AUD/USD bounces off two-year lows at 0.6200 as USD takes a breather
AUD/USD rebounds from two-year lows of 0.6200 early Thursday. The pair benefits from a pause in the hawkish Fed cut-led US Dollar uptrend. However, concerns about China's fragile economic recovery and Trump's tariff plans could cap the Aussie's recovery.
Gold sees a dead cat bounce following Fed’s hawkish cut
With the full final week of 2024 almost drawing to a close, Gold price remains vulnerable near one-month lows below $2,600, licking the hawkish US Federal Reserve policy decision-inflicted wounds.
Crypto market bleeds following hawkish rate cut decision by Fed
Bitcoin and the crypto market are down on Wednesday following the Federal Open Market Committee announcement to slow down rate cuts in 2025, with the benchmark federal funds rate declining to a lower range of 4.25% to 4.50%.
Sticky UK services inflation to come lower in 2025
Services inflation is stuck at 5% and will stay around there for the next few months. But further progress, helped by more benign annual rises in index-linked prices in April, should see ‘core services’ inflation fall materially in the spring.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.