BlondieNews / Blog
China’s top legislature passed an amendment to the Budget Law laying the legal framework to let more local governments sell bonds directly to raise funds for projects of public interest. Under quotas approved by the State Council, local authorities can sell debt to invest in such projects...
Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters on Saturday...
U.S. stock markets are near an all-time high and fear, as measured by the VIX, is extremely low. Institutional investors understand the relationship between investor fear and stock price trends. In fact, investor sentiment plays a significant role in the investment decisions of many professionals...
US DOLLAR TECHNICAL ANALYSIS Prices may be carving out a near-term top after forming a bearish Evening Star candlestick pattern. A daily close below the 14.6% Fibonacci retracementat 10618 exposes the 23.6% level at 10591. Alternatively, a reversal above the 14...
Shares in Luye Pharmaceutical, a cancer drug maker led by Chinese billionaire Liu Dianbo, climbed by 15% at the Hong Kong Stock Exchange to a record high today after the company announced plans to buy a majority stake in Beijing Jialin Pharmaceutical. Luye would pay 3...
The USDJPY bulls have seemingly lost their grip on the pair after a Doji signaled hesitation from traders near 104.00. The daily close below the critical barrier warns of further weakness and may set the scene for a retest of the 103.00 floor...
I love to trade. 10, 20, 30, 40 round turns per day - the more the merrier! After all anyone who is really honest with themselves will admit that we trade not only for money, but for excitement. For a trader there is nothing sweeter than having the market go your way...
Where to Draw the Fibonacci Retracement? Where exactly is that? For starters, we need to identify an extended move up or down on our chart. In other words, a swing low followed by a defined high or a swing high followed by a defined low...
Support and Resistance is one of the widely used concepts in Forex trading. Most traders plot horizontal lines to show support levels and resistance levels...
1. The Theory - How to Use Indicator Developed by Marc Chaikin This an oscillator Indicator, it measure the Accumulation/distribution of money that is flowing into and out of a currency pair...