Blogs

JPY Options in Focus Ahead of BOJ Meeting

Forex

BOJ in Focus for JPYThe big focus across early European trading on Monday is the upcoming BOJ meeting due to take place overnight tonight. While the BOJ is not expected to make any changes to its current ultra-loose rates regime, action in the options market shows that there are plenty of defensive plays being set […]

Daily Market Outlook, January 22, 2024

Forex

Daily Market Outlook, January 22, 2024Munnelly’s Market Minute…“Hang Seng Sinks To GFC Levels”Asian stocks were mixed as Chinese stocks weakened, despite last week's record levels on Wall Street. Nikkei 225 rallied and broke above 36.5K handle ahead of tomorrow's BoJ announcement. Hang Seng and Shanghai Comp underperformed due to notable

How to Trade the Marubozu Candlestick Pattern

Forex

In this article, you will learn about the Japanese Marubozu candlestick and what signals it gives to buyers and sellers. Stemming from a Japanese word meaning 'bald,' these candlesticks, devoid of wicks, offer a stark depiction of market momentum. This pattern is similar to Japanese candlesticks such as bullish or bearish counterattack an

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