Price action is encompassed in technical and chart pattern analysis, which attempt to find order in the sometimes seemingly random movement of price. Swings (high and low), tests of resistance and consolidation are some examples of price action.
The candlestick and price bar are important tools for analyzing price action, since they help traders visualize of price movement. Candlestick patterns such [...]
Nonfarm payrolls is a U.S. economic employment report released monthly.
It is a compiled name for goods-producing, construction and manufacturing companies. The U.S. Department of Labor Bureau of Labor Statistics releases preliminary data covering the previous month’s survey at 8:30 a.m. Eastern Time on the first Friday of every month, or according to the U.S. [...]
The Federal Reserve System (also The Fed) is the central banking system of the United States. Created in 1913 by the enactment of the Federal Reserve Act (signed by Woodrow Wilson), it is a quasi-public (government entity with private components) banking system that comprises (1) the presidentially appointed Board of Governors of the [...]