Category: Forex Trading

  • Year-Over-Year YOY: What It Means, How It’s Used in Finance

    To draw out valuable data, you need to eliminate the influence of various factors. YoY data can help limit one of the most confounding variables for companies – seasonality. When comparing a company’s performance against its past performance, the goal is to provide valuable and informative data. Looking at a quarter’s financials compared to the…

  • Guide to understanding a Shooting Star candlestick pattern

    She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. This struggle between buyers and sellers is a clear signal of potential market exhaustion. It’s a bearish reversal signal, indicating that the current uptrend will likely reverse into a downtrend. The evening star candlestick pattern is a…