Did you know that the market is stuck in a range most of the time？ In other words, you will see the rectangle chart pattern 70% of the time. This leaves trends to form the other 30%. Hence it is important to know the significance of the rectangle chart pattern.To get more news about WikiFX, you can visit wikifx official website.

　　Cause

　　A rectangle occurring after a trend is normal. Rectangles are resting areas. This is an area where the bulls and bears are unable to overcome one another, resulting in a trendless situation.

　　Identifying The Rectangle Pattern

　　Given that rectangles are areas of rest, they should ideally be narrow and tight as shown in the chart below.


Did you notice that the horizontal lines of the rectangles act as support and resistance？

　　Prices may pierce through the support resistance lines, but the general rectangle pattern is still well respected.
A rectangle can last for as short as a few minutes. Currency traders look for rectangles that last between minutes and days.

　　Besides varying in duration, rectangle chart patterns also vary in height.

　　A rectangle is like a base of a building. A larger base will be able to support a larger building. Therefore, a larger rectangle will be able to support a larger price move when prices move beyond the rectangle.

　　The larger the candles within the rectangle, the longer the pattern stays in a rectangle. The move following the breakout of the taller rectangle tends to be larger.　　The size of the above rectangle is 45 pips . Price hovered within the rectangle for 2 days and 6 hours before breaking out of the rectangle.

At market lows, banks and large commercial companies will be accumulating (buying) the asset and this can occur within the rectangle pattern.

　　At market tops, banks and large commercial companies who had bought the currency pair while it was cheap will slowly distribute (sell) to uninformed speculators.

Traders expecting Wednesday‘s FOMC meeting to reverse the dollar’s fortunes, received a rude awakening as a dovish policy statement continued to heap pressure on the USD.To get more news about WikiFX, you can visit wikifx official website.

　　With the economy showing little sign of recovery from the devastating Covid-19 driven recession that we currently find ourselves within, the Fed left interest rates at near zero levels and vowed to continue “acting as appropriate to support the economy.”

　　Jerome Powell also implored Congress to help stimulate the economy through supportive fiscal policy, but the ultrasensitive and divided US political landscape certainly doesnt help.

　　There‘s no way today’s FOMC statement can be viewed any way but as a dovish message to markets, with the Feds intention to maintain highly accommodative policy for “as long as it takes.”


　　Most likely were talking years here.

　　The actual July FOMC statement was little changed from June, but did feature the following addition: “The path of the economy will depend significantly on the course of the virus.”

　　The irony of the Fed speaking about there being no tradeoff between the US economy and public health on the same day that the countrys Covid-19 death toll ticked above 150,000, is not lost on me.

　　A devastating milestone that looks nowhere near a top, with California, Texas and Florida all also reporting record numbers of daily deaths.

　　“Even if the reopening goes well and many, many people go back to work, it is still going to take a fairly long time for parts of the economy that involve lots of people getting together in close proximity” said Powell in his accompanying, socially distanced, virtual press conference.With markets becoming increasingly addicted to stimulus, we know support means free money and as you can see below, the markets reacted accordingly.

　　The US Dollar Index (DXY) remains under pressure, reaching support not tested since 2018.

Recently the global stock markets soars with irresistible force, the Chinese and US stock market in particular. And driven by new economy, the Nasdak Composite Index hit record high many times, and it closed at 10,492.50 on July 8, another record close high.To get more news about WikiFX you can visit wikifx official website.

　　This decreased the pressure on USDs liquidity from the market and weakened the safe haven function of USD, putting continuous pressure on the US dollar index. In the short term, the index is more likely to test the low level of 95.716 recorded in May. If it fails to break the level, the index may challenge the low level of 94.650 happened on March 9.


　　Faced with a weakening US dollar index, non US dollar currencies bounced back in varying degrees. From a perspective in Macro trend, the Swiss Franc has the best year-to-date performance, up about 3.5% again the USD, ranking the first among all currencies. And safe haven Japanese yen ranks the third, up 1.34% this year, second only

The Swiss Franc performed extremely well because of the relatively stable situation of COVID-19 and better economic data in Switzerland compared with that of other European countries. Therefore, forex traders preferred the Swiss Franc to USD as a safe haven. And market estimates that the Swiss Franc will keep maintaining an edge in the second half of this year. In the short run, USD/CHF appears to approach the low level of 0.9181 of March or the low level of 0.9071 recorded in 2015.

　　It is estimated that cautiously optimism pervades the future Japanese yen market, another safe haven. Recent USD/JPY basically fluctuates at the range of 108.16-106.00, being approaching the level of 106.00. And it is likely to break the level and challenge again the major support level of 104.45.

Global spot gold price rose to 1,817.88 USD on July 8, hitting a 8-year high. Wholly speaking, gold price still hovers at a high level. According to the previous experience, it seems like the gold price hasnt peaked, and it is likely to hit a new high in the future and edges close to another major level of 1,900 USD.To get more news about WikiFX, you can visit wikifx official website.



I have traded gold for 30 years and know that there are many basic factors that can affect the trend of gold, as well as major ones including against the USD, trend of the USD, geopolitics and anti-inflation. Now the weak US dollar, geopolitical tension and easing monetary policy by global banks all contributes to further currency depreciation. Although the strong US stock decreases risk aversion, gold price will rally steadily and repeatedly due to the well support by other favorable factors.

　　It is remarkably that a sudden slump in global stock markets is profitable for gold price with an increasing risk aversion. Recalling the sharply drop in stock market in March, both gold and stock slumped by over US$250. As the stocks fall led to the liquidity squeeze of US dollar and further to sharp rise of US dollar index, causing the simultaneous sharp drop of both a group of non US dollar currencies and gold. Therefore, if the global markets collapse, do not easily believe that it is good for the gold price 100 percent.
　　Recently, according to a data released by the US, its inflation increase recorded a 8-year high, caused by the sharp recovery of oil price. If the inflation in the US becomes worse, the Fed still needs to simulate economy by maintaining lower interest rate, which is expected to support well the price of gold, as an anti-inflation hedge. In a short term, supported by the profitable factor above, the spot gold price is likely to test above the level of 1,840-1,850 USD, and then to approach the major level of 1,900 USD after giving back gains with a stable fluctuation.

In WOW Classic, professions are a massive part as they provide many powerful items, unique attribute enhancements and help make gold. Fishing is a particularly useful profession, and this is the way to master it. WOW classic occupations are divided into two categories, primary and secondary. Players can only learn two basics, but can master all three secondary majors.To get more news about Buy WoW Items, you can visit lootwowgold official website.

Fishing is a secondary category, which means there are no drawbacks to learning it, although it offers many benefits. Knowing when and where to fish can be difficult, so we have a handy guide and enough classic WOW gold to help you.

How to fish in WOW Classic

First, you must learn fishing skills. Apprentice fishing can be learned from fishing trainers in any capital city and most of the world's starting towns, such as Goldshire. After learning the skills, you need to buy a fishing rod, which is all very good. Just find the nearest waters and click on your fishing skills to catch the fish. You will see the float or float appear in the water and you need to wait for it to splash. When it's splashing around, you can simply snap it into the fish by right-clicking on the float.

How to level up fishing in WOW Classic

Leveling up fishing in WOW Classic is very simple, all you have to do is fish in the right area for the fishing level. All players start with a fishing level and can train them to level 300, and different skill levels can be used to set different areas.

As your skills improve, you will need to venture into new areas. To make your life easy and enjoyable, we have drawn a range of fishing skills for each area in the WOW classic, so you will always be Know the perfect place to improve your level.

Best fishing poles and lures WOW Classic

If you are struggling to catch fish or often see the mistake of "your fish is gone", you may need to invest in a better fishing rod or add bait. Basic fishing rods are usually good at work, but if you want to increase your chances of catching fish, you can buy sturdy scorpions from any fishing lover, or try to win arcane from the thorny thorn fishing event at Treasure Bay, Stranglethorn Vale. version.

As for the bait, they are all sold by fishing merchants, and the prices are different. The "shiny gadgets" are the cheapest and weakest, while the "hydrodynamic lures" are the most expensive and strongest.

World of Warcraft Classic has been around for more than half a year, and it's a great time to learn all the fun facts surrounding your favorite attack. As you grind, enjoy some useful information about how and when to start your favorite endgame with wow classic gold. Here are some interesting facts from the actual technical creation and obscure lore of the dungeon.To get more news about wow gold classic, you can visit lootwowgold official website.
You can trace the history and legend of Zul'Gurub (ZG) for thousands of years, which is fascinating anyway. From a technical point of view, this example provides a completely new way for MMOs to observe the dungeon. These two perspectives are intertwined in an interesting way, leading players into the quest chain and training them as they level up, so when they get there they already have the skills and trinkets to get them through Raid. ZG is an open concept dungeon, similar to Zul'Farrak, and the first raid instance specifically designed for 20 people instead of 40. Players can also quickly traverse it on the mount, reducing running time.
Similar to Karazhan, the Tol'Barad zone was one of the earliest areas designed for WoW. It was originally designed for vanilla, but was not completed in time, but was subsequently expanded. The history of Tol'Barad dates back to the First War and is closely related to Stromgarde. The idea of unlocking the battlefield of the instance was incubated in the initial stages of World of Warcraft development, but technical issues and integration with mission and knowledge progress made it shrink. With many practical obstacles in the past, Tol'Barad was released as part of the cataclysm expansion.
If you visit Naxxramus on a retail basis, it floats on the snowy hills of Northrend, but it is not part of the expansion of the Lich King's Wrath. Naxxramas was the last assault on Vanilla World of Warcraft, only a few months from the expansion of the Burning Expedition, and initially floated in the Plaguelands. It was also one of the most difficult dungeons, challenging players in many novel and creative ways, which is undoubtedly a popular raid today, but few players saw it at the time. The first large-scale expansion cast a shadow over both the natural disaster invasion and the arrival of Naxxramas. This is Vanilla's last raid, and perhaps one of the best, but it can't compete with space goats and anime elves.
Secret bosses are rare spawners, and you can find them here, which is very exciting and one of the most memorable entrepreneurs in Zul'Gurub. This dungeon has some creative firsts, including this twist in advanced tasks through buy classic wow gold that only aggressors can do. The quest chain that starts here takes you back to your friend Nat Pagel and powerful fishing lures, summoning a secret boss, Gahz'ranka. This is part of the fishing achievement in modern games and is a requirement for the "salty" title.

Directly replace the original lamp on your vehicles stock headlight bulbs withthese high quality LED conversion bulbs. LED headlights throw extremely intenseultra-bright light while taking very little draw on your car's electrical system.To get more news about H1 LED headlights, you can visit iengniek official website.
Features:
Advanced LEDs provide an extremely long life of over 30,000 hours.
No need for ballasts, fits right into your existing factory bulb housing.
All-in-one integrated design, attached LED driver helps avoid warning errorcodes.
Lower power consumption than stock halogen headlamp.
Full aluminum heat sync system.
Extremely simple installation. Plug and play.
Specification:
Plug Type: H1
Power: 80W (40W per Lamp)
Operating Voltage: DC 12-24V (for 12V / 24V Vehicles)
Color Temperature: 6000K White
Material: Aircraft grade Aluminium
Lumen: 8000 Lumen (4000 Lumen per Lamp)
IP Rating: IP65 Water and Dust Seal
Brand: Biltek®
Condition: 100% Brand New
Fitment:
Vehicles with H1 bulb type

Important Please Read: Alwaysrefer to your vehicles owner manual for the correct bulb size. Cars come inmany different models and with varying options, there is no guarantee yourmodel has the same bulb type listed above. Models with HID or LED optionscan change the type of replacement bulb needed.

Headlight dazzle is caused by a headlight’s beam having a blinding effect for oncoming traffic. You've probably been exposed to this distressing and potentially dangerous aspect of motoring whilst driving at night.To get more news about auto parts, you can visit iengniek official website.

It is experienced by an estimated 16.1m UK drivers, based on 91% of drivers responding saying ‘some’ or ‘most’ car headlights are too bright and 54% of these saying they are dazzled more regularly now than a year ago.

When asked how they are affected by headlight glare, six-in-10 of those affected said they regularly get dazzled by oncoming headlights even though they are dipped, with a similar proportion (60%) being unable to tell if headlights are either dipped or on full beam. Forty-five per cent complained they get dazzled by headlights in their rear-view mirror, while a huge 70% believe some lights are so bright they represent an accident risk. In fact official government data shows there are around 300 collisions every year where dazzling headlights are a factor.

“The dazzling effect of another driver’s headlights isn’t just uncomfortable – in some cases it can be nothing short of dangerous, making us lose sight of the road for a short time. So it’s concerning to see that a greater proportion of drivers have reported problems with glare this year than last year."
Drivers were less clear on the likely causes of glare. Half (51%) blamed vehicles that sit higher on the road, such as increasingly popular SUVs, for dazzling them although 41% said the problem was not caused by any particular type of vehicle.

Similarly, when it comes to lighting technologies, 55% believe ‘bluer’ xenon or the most modern LED headlights are to blame, but a similar number (51%) are not sure or can’t tell the difference between the types of lights.

"Among some drivers there is a perception that newer headlights cause more glare. But while a sizeable proportion claim it is the xenon headlights more often found in higher-end vehicles that are primarily to blame, a greater proportion either don’t know the difference between lights or aren’t sure." - Rod Dennis, RAC spokesman

“In reality, the issue of glare is a complex one and it’s not as straightforward as saying one type of lightbulb causes more of a dazzling effect than another – there are a range of reasons why a driver might be dazzled, from a slight misalignment of a headlight, the difference in ride height of different vehicles and even individual people’s vision. That explains why not every car headlight appears to be dazzling, with eight-in-10 drivers saying only some cause glare.

The Bureau of Industry and Security (BIS) in the Department of Commerce (Commerce) added 24 Chinese companies to the Entity List for their role in helping the Chinese military construct and militarize the internationally condemned artificial islands in the South China Sea. Despite protests from the United States and other countries, the government of the People’s Republic of China (PRC) has been rapidly building the artificial islands since 2013, enabling the Communist Chinese Party’s (CCP) militarization of disputed outposts in the South China Sea to undermine the sovereign rights of U.S. partners in the region.To get more news about chinese industry and management practice, you can visit acem.sjtu.edu.cn official website.

The United States, China’s neighbors, and the international community have rebuked the CCP’s sovereignty claims to the South China Sea and have condemned the building of artificial islands for the Chinese military,” said Commerce Secretary Wilbur Ross. “The entities designated today have played a significant role in China’s provocative construction of these artificial islands and must be held accountable.”

Since 2013, the CCP has dredged and constructed more than 3,000 acres across seven features in the South China Sea, which include air defense and anti-ship missile features. In addition, the PRC’s dredging and construction of certain outposts violates the sovereign rights of the Republic of the Philippines, as determined by the Permanent Court of Arbitration in its July 2016 award in a case brought by the Philippines against the PRC. In the Entity List additions, Commerce determined these entities enabled China to construct and militarize disputed outposts in the South China Sea.

The Entity List is a tool utilized by BIS to restrict the export, re-export, and transfer (in-country) of items subject to the Export Administration Regulations (EAR) to persons (individuals, organizations, companies) reasonably believed to be involved, or to pose a significant risk of becoming involved, in activities contrary to the national security or foreign policy interests of the United States. Additional license requirements apply to exports, re-exports, and transfers (in-country) of items subject to the EAR to listed entities, and the availability of most license exceptions is limited.

The US and Europe are among the common regions international students turn to when looking for a business school to study abroad at, but China and Hong Kong are quickly rising as business education powerhouses, if rankings are anything to go by.To get more news about top mba colleges in China, you can visit acem.sjtu.edu.cn official website.

As the second-largest economy in the world and with Chinese being among the most widely spoken languages in the world (Babble estimates that roughly 917 million of the population speak Mandarin), studying in China and Hong Kong can be a launchpad for success for many business-minded individuals.

It’s unsurprising why China has already attracted close to half a million international students to its shores. Here’s why you should consider attending a business school in China and Hong Kong:
Top business schools
Over the years, business schools in China and Hong Kong have steadily climbed university rankings. The 2019 QS Global MBA Rankings: Asia lists the China Europe International Business School (CEIBS) and the University of Hong Kong as among the top three institutions that are offering top full-time MBA programmes in the region. “This Chinese business school achieves its highest score for entrepreneurship and alumni outcomes, a metric which is particularly significant given the growing demand from students for MBA programmes to incorporate entrepreneurial elements,” said QS.

Meanwhile, according to The Economist, when the Financial Times first published its annual ranking of the world’s 100 best MBAs list in 1999, no Asian school made the cut. “This year 17 have done, nine of them Chinese. Seven Chinese institutions are among the 90 or so worldwide to boast the coveted “triple crown” of accreditations — from bodies in America, Belgium and Britain,” it said.

CEIBS and HKUST Business School were ranked fifth and 19th respectively in Financial Times’ Global MBA Ranking 2020, while other schools that appear in the top 50 include Fudan University School of Management, Shanghai Jiao Tong University: Antai, the Renmin University of China Business School (RMBS)Featured business school, the Shanghai University of Finance and Economics: College of Business and the CUHK Business School.
For many, cost is a major factor when deciding which business school to attend. Quality education aside, China and Hong Kong can offer prospective business students an affordable education when compared to traditional powerhouses such as the US and Europe.

For a rough idea, in 2019, the tuition for the International MBA students at Renmin University of China Business School for the year 2019 is RMB178,000 (US$26,000) while an MBA at HKUST Business School can cost students approximately US$105,400. Conversely, the BusinessBecause Cost of MBA Report 2020 notes that the average total MBA cost by location is US$123,000 in the US and US$118,000 in Europe. Without a doubt, China can offer students a more affordable alternative than traditional B-school destinations.