Author: <span>backcom_webt</span>

Morning Star and Evening Star Candlestick Patterns: Strategies & Applications

The Morning Star and Evening Star patterns are three-candlestick reversal patterns that signal a potential trend change in the market. They can be used when trading forex or in any other financial market. Accurately identifying a reversal allows traders to enter the market from a favorable position right at the beginning of the trend change. […]

Dark Cloud Cover Candlestick Pattern

The Dark Cloud Cover candlestick pattern is widely used by traders to detect market reversals and offers an attractive risk-to-reward ratio. The Dark Cloud Cover pattern is relatively easy to spot. However, traders should consider the formation of the Dark Cloud Cover in conjunction with other important factors and avoid entering trades solely based on […]

3 MAIN FOREX CHARTS IMPORTANT IN TECHNICAL ANALYSIS

Technical analysis on forex charts aims to identify market patterns and trends by using different types and functions of forex charts. Reading forex charts can be intimidating for new traders. Therefore, understanding the basics of technical analysis is essential. This article will introduce the most popular types of forex charts used in technical analysis. It […]

Global Stock Markets Plunge as Trump Maintains Tariffs Amid Economic Concerns

Global stocks saw a dramatic decline as President Donald Trump’s administration hinted at maintaining comprehensive tariffs despite concerns that they could lead to a global economic recession. This drop sent shockwaves through the Asian markets and U.S. futures, marking one of the most significant sell-offs since the pandemic. Asian Stocks Plummet Following U.S. Futures Decline […]

Global Market Decline as China Imposes 34% Tariff on U.S. Imports

The global market took a sharp dive following China’s announcement of a 34% retaliatory tariff on all U.S. imports, escalating tensions in the ongoing trade war between the two largest economies. The U.S. stock market, already reeling from the escalating trade tensions, witnessed substantial losses, while oil prices plummeted amid global recession fears. U.S. President […]

US-China Trade War: Global Impacts and Responses from Stakeholders

April 5, 2025 – The trade war between the United States and China has escalated significantly as President Donald Trump imposes new tariffs, triggering strong reactions from countries and global markets. This article provides a detailed analysis of recent developments, responses from stakeholders, and the potential impacts on the global economy. 1. Overview of the […]