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High Hopes Abound as Fed Meeting Looms

Forex

<img src="https://fxopen.com/blog/en/content/images/2024/01/fed-1.jpg" alt="High Hopes Abound as Fed Meeting Looms" /><p>Tomorrow at 21:00 GMT+2, the Fed’s interest rate decision will be announced at one of the eight annual meetings of the central bank.</p><p>Quite often, the period surrounding the

The Hang Seng Index is Near Important Support

Forex

<img src="https://fxopen.com/blog/en/content/images/2024/01/hang-seng-.jpg" alt="The Hang Seng Index is Near Important Support" /><p>The economy of China is hit by the decision to liquidate the developer Evergrande due to a debt of USD 300 billion. Bloomberg writes that this will have huge consequences for all of Chi

How to Trade with the On-Neck Pattern

Forex

<img src="https://fxopen.com/blog/en/content/images/2024/01/main3001_02.jpg" alt="How to Trade with the On-Neck Pattern" /><p>Analysing price movements and identifying trends are crucial aspects of financial markets, and traders often rely on trading indicators and candlestick patterns for informed decision-making. I

Dunning-Kruger Effect in Finance

Forex

<img src="https://fxopen.com/blog/en/content/images/2024/01/main3001_01.jpg" alt="Dunning-Kruger Effect in Finance" /><p>The Dunning-Kruger effect, a psychological phenomenon named after social psychologists David Dunning and Justin Kruger, examines the cognitive bias in which people with low ability to perform a tas

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