Existing candlestick analysis methods were analyzed in the previous article. We found out that they are not universal and are not suitable for all conditions. On the contrary, before using them, you should perform additional verification for the specific financial instrument, timeframe etc. I.e. for the conditions in which the patterns will be used. The specifically designed approach also enables the individual analysis of each pattern for a selected financial instrument or a set ...
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European Central Bank President Mario Draghi said on Wednesday that the bank's monetary policy stance remained accommodative in the face of weaker growth outlook for the euro area and that the weakness in external demand is unlikely to be severe. Speaking at the ECB Watchers conference in c said, "We are now seeing a more persistent deterioration of external demand." more...
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