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It’s late, you pull up to a stop sign or traffic light and suddenly,
you're dazed as your mirrors reflect bright, blueish lights that flood
your field of vision.To get more news about engniek, you can visit iengniek official website.
That’s exactly what happened to one Edmontonian who posted a short video to Reddit last week of a truck’s blinding low beams shining into his car.It set off a wave of comments–162, to be exact–from drivers bemoaning similar run-ins on the road.
“It’s probably the factory lights,” wrote one Redditor. “Trucks sit higher, there’s nothing you can do about it. I adjusted my beams down a tiny bit more in mine, but I still get people flashing me or straight up harassing me about my lights.”
Alberta’s Traffic Safety Act does lay out the rules regarding seemingly too-bright headlights, requiring aftermarket or replacement lights to meet industry standards.But it doesn’t sound like the incident posted to Reddit fits the description.
“Many of the lights that people feel are too bright are new technologies (high-intensity discharge, xenon, LED) and are approved by the manufacturer as meeting these standards,” Alberta Transportation said in a statement.
So while blueish LED lights might appear too bright, they are within the acceptable range of brightness laid out in the law.
Modified lights and light bars are a different story.LED light bars are a common example, the ministry said, and they cannot be used on highways.
“Alberta Transportation is not aware of any of these light bars meeting the standards to be used as on-highway driving lights,” it said. “This type of light can only be used when the vehicle is NOT in motion.”
Similarly, on-road lights cannot be tinted. The act states that light from a headlamp must be white while lenses and bulbs must be clear and untinted.
In the Reddit thread, there was a debate over what can be done about headlights that may be breaking the rules.Sgt. Kerry Bates with the Edmonton Police Service Traffic Division admitted the regulations are hard to enforce.
Low beam headlights must “reveal a person or another vehicle that is at least 30 metres ahead,” according to Alberta regulations, but there are no regulations that govern how high they can be pointed.Some frustrated drivers may be encountering vehicles that were lifted and did not have their lights re-angled.“Most lifts I’m sure, or shops that would do that, would readjust the headlamps if the vehicle’s being raised six inches,”
That’s exactly what happened to one Edmontonian who posted a short video to Reddit last week of a truck’s blinding low beams shining into his car.It set off a wave of comments–162, to be exact–from drivers bemoaning similar run-ins on the road.
“It’s probably the factory lights,” wrote one Redditor. “Trucks sit higher, there’s nothing you can do about it. I adjusted my beams down a tiny bit more in mine, but I still get people flashing me or straight up harassing me about my lights.”
Alberta’s Traffic Safety Act does lay out the rules regarding seemingly too-bright headlights, requiring aftermarket or replacement lights to meet industry standards.But it doesn’t sound like the incident posted to Reddit fits the description.
“Many of the lights that people feel are too bright are new technologies (high-intensity discharge, xenon, LED) and are approved by the manufacturer as meeting these standards,” Alberta Transportation said in a statement.
So while blueish LED lights might appear too bright, they are within the acceptable range of brightness laid out in the law.
Modified lights and light bars are a different story.LED light bars are a common example, the ministry said, and they cannot be used on highways.
“Alberta Transportation is not aware of any of these light bars meeting the standards to be used as on-highway driving lights,” it said. “This type of light can only be used when the vehicle is NOT in motion.”
Similarly, on-road lights cannot be tinted. The act states that light from a headlamp must be white while lenses and bulbs must be clear and untinted.
In the Reddit thread, there was a debate over what can be done about headlights that may be breaking the rules.Sgt. Kerry Bates with the Edmonton Police Service Traffic Division admitted the regulations are hard to enforce.
Low beam headlights must “reveal a person or another vehicle that is at least 30 metres ahead,” according to Alberta regulations, but there are no regulations that govern how high they can be pointed.Some frustrated drivers may be encountering vehicles that were lifted and did not have their lights re-angled.“Most lifts I’m sure, or shops that would do that, would readjust the headlamps if the vehicle’s being raised six inches,”
The Financial Times Global MBA Ranking 2020 saw Harvard Business School
named the best in the world for the sixth time in the FT ranking’s
21-year history. But it’s the rise of business schools in China which
has been the most noticeable change over the past decade.To get more
news about MBA college in China, you can visit acem.sjtu.edu.cn official website.
US schools still dominate the ranking, with 51 of the top 100 from the United States, the birthplace of the MBA degree. But, together with the UK, China is now home to the most FT-ranked schools after the US. Nine Chinese schools were ranked in the FT’s top 100 in 2020 (seven in the top 50), compared with just three in 2010.
Chinese Schools Climb the Rankings
The rise of Chinese business schools in the FT MBA ranking runs alongside China’s rise as a world economic superpower. The strong performance of Chinese schools in the FT MBA ranking can be explained, in part, by the ranking’s methodology.
The FT places a strong emphasis on jobs data: placement rates and average salaries three years after graduation. It also takes into account measures like career progression, value for money and the diversity of the MBA class.
Take, for example, the MBA at Shanghai Jiao Tong University’s Antai College of Economics and Management, one of the oldest and most prestigious schools in China. Antai is ranked the 37th best business school in the world and third on the Chinese mainland by the FT. But it’s when you break down the FT data that you discover the true value of the MBA.
Antai boasts a 100% employment rate, meaning every MBA student surveyed by the FT got a job after graduation. That’s more than any other Western or Chinese mainland school. The school says most students go on to work in the financial services, manufacturing and technology industries.
MBA graduates from Antai can expect a huge 201% average increase on their salaries from when they entered the program – the third highest globally – with graduates enjoying a potential average salary of over USD130,000 three years after graduation.
Accordingly, Antai is ranked 13th in the world and second in China for value for money by the FT, which takes into account the program’s tuition fees. While business schools in the US charge upwards of USD100,000 for their MBA programs, schools in China tend to be more affordable. Antai charges USD44,000 for its two-year MBA program.
Only perhaps the need to be accredited by AACSB or EQUIS – a lengthy process and a pre-requisite for entry into the FT ranking – has stopped more Chinese schools climbing the FT rankings in recent years.Real Value of an MBA in China
While you can get a new job and a higher salary out of most MBA programs, studying an MBA in China offers something that schools in the US and Europe can’t: Direct access to the world’s fastest-growing economy.
In China, students get access to a changing business environment, where schools focus chiefly on technology and entrepreneurship, and, with Chinese business society’s strong reliance on personal relationships, where building a network during your MBA really matters.
Doing an MBA in China is a way for professionals to get their feet in the door of Chinese firms. Antai, for example, is partnered with organizations like Ant Financial, the world-leading financial technology company, and the Bank of China.
MBA students at the school get to network with senior executives and attend major events like the Antai Symphony summit, where business leaders discuss the latest developments in fintech and mobile payments.
As the Chinese government invests abroad and Chinese companies like Alibaba and Huawei become global behemoths, knowledge of China has also become importance wherever you work. While Chinese business schools have traditionally struggled to attract international students, they are growing increasingly diverse.According to the Graduate Management Admission Council (GMAC), 41% of MBA programs in China saw growth in international applications in 2019, with a further 23% reporting stable international applications.
Antai is the school with the most international MBA students in mainland China (43% of the MBA class), according to the FT. Chinese schools also have a strong representation of women on their MBA programs; 51% of MBA students at Antai are women and 35% of faculty are women.
US schools still dominate the ranking, with 51 of the top 100 from the United States, the birthplace of the MBA degree. But, together with the UK, China is now home to the most FT-ranked schools after the US. Nine Chinese schools were ranked in the FT’s top 100 in 2020 (seven in the top 50), compared with just three in 2010.
Chinese Schools Climb the Rankings
The rise of Chinese business schools in the FT MBA ranking runs alongside China’s rise as a world economic superpower. The strong performance of Chinese schools in the FT MBA ranking can be explained, in part, by the ranking’s methodology.
The FT places a strong emphasis on jobs data: placement rates and average salaries three years after graduation. It also takes into account measures like career progression, value for money and the diversity of the MBA class.
Take, for example, the MBA at Shanghai Jiao Tong University’s Antai College of Economics and Management, one of the oldest and most prestigious schools in China. Antai is ranked the 37th best business school in the world and third on the Chinese mainland by the FT. But it’s when you break down the FT data that you discover the true value of the MBA.
Antai boasts a 100% employment rate, meaning every MBA student surveyed by the FT got a job after graduation. That’s more than any other Western or Chinese mainland school. The school says most students go on to work in the financial services, manufacturing and technology industries.
MBA graduates from Antai can expect a huge 201% average increase on their salaries from when they entered the program – the third highest globally – with graduates enjoying a potential average salary of over USD130,000 three years after graduation.
Accordingly, Antai is ranked 13th in the world and second in China for value for money by the FT, which takes into account the program’s tuition fees. While business schools in the US charge upwards of USD100,000 for their MBA programs, schools in China tend to be more affordable. Antai charges USD44,000 for its two-year MBA program.
Only perhaps the need to be accredited by AACSB or EQUIS – a lengthy process and a pre-requisite for entry into the FT ranking – has stopped more Chinese schools climbing the FT rankings in recent years.Real Value of an MBA in China
While you can get a new job and a higher salary out of most MBA programs, studying an MBA in China offers something that schools in the US and Europe can’t: Direct access to the world’s fastest-growing economy.
In China, students get access to a changing business environment, where schools focus chiefly on technology and entrepreneurship, and, with Chinese business society’s strong reliance on personal relationships, where building a network during your MBA really matters.
Doing an MBA in China is a way for professionals to get their feet in the door of Chinese firms. Antai, for example, is partnered with organizations like Ant Financial, the world-leading financial technology company, and the Bank of China.
MBA students at the school get to network with senior executives and attend major events like the Antai Symphony summit, where business leaders discuss the latest developments in fintech and mobile payments.
As the Chinese government invests abroad and Chinese companies like Alibaba and Huawei become global behemoths, knowledge of China has also become importance wherever you work. While Chinese business schools have traditionally struggled to attract international students, they are growing increasingly diverse.According to the Graduate Management Admission Council (GMAC), 41% of MBA programs in China saw growth in international applications in 2019, with a further 23% reporting stable international applications.
Antai is the school with the most international MBA students in mainland China (43% of the MBA class), according to the FT. Chinese schools also have a strong representation of women on their MBA programs; 51% of MBA students at Antai are women and 35% of faculty are women.
Are you inspired by different cultures, fascinated by history, curious
to try some unique cuisine? If the answer is yes, and if you want to
discover another side of the world while studying, then you should
definitely consider obtaining your Masters degree in China. There are
over 2000 universities in the country and a lot of them are offering
courses completely taught in English, as well as globally recognized
diplomas and study programs in cooperation with the most prestigious
universities around the world. As numerous companies are expanding
towards Asia, what a better way for you to boost your CV than gather a
first-hand experience by living in and exploring the most populous
country in the world. To get more news about Master in Management China, you can visit acem.sjtu.edu.cn official website.
Tuition fees and study duration
China is rapidly becoming one of the most popular study-abroad destination, with some 100 000 international students at its universities. One of the key advantages of the education there is that it is affordable. The average cost of Masters studies is between 20000 RMB and 60000 RMB (around 2800 EUR and 8500 EUR) per year. You may also have to pay a small application fee in addition to this. The tuition fees are lower in comparison to other Asian countries and the costs of living are quite modest.
Chinese Masters degrees usually last for two years. However, if your program is focused on research, it might take longer, depending on your topic. Similarly to many countries in Europe, the academic year starts in September and ends in July.
The requirements could vary between the different universities. The main points in common are good health (you will need to have a health insurance) and valid foreign passport. For the courses thought in English, it is required to have a proof of language proficiency such as TOEFL or IELTS, unless you are a native English speaker. For a successful application you will have to submit one or two letters of recommendation from your professors. In case you want to study in Chinese, you will need to have a Chinese Proficiency Test HSK level 4-6 certificate or above. As an alternative, you could pass the university's entrance examination. Even if you start a program in English, you will probably be given the chance by the university to take a Chinese language course for free.
In China there is something for every taste. If you want to explore the huge cultural diversity you should travel around the country which is home to 55 different ethnic minorities – each with different customs and traditions, cuisine, songs and dances.
You will see some of the most beautiful and magnificent places in the world – from the Rainbow and the Yellow Mountains, to the Temple of Heaven, from the Great Wall, to Shigatse Prefecture in Tibet, from the scenic valleys of Jiuzhaigou to the desert landscapes of the Silk Road.
If you are interested in economics, architecture, history and engineering – China has a lot to offer. Following the rapid economic development over the last 30 years, Chinese cities proudly present some of the most daring works of modern architects - such as the skyscrapers of Shanghai and Beijing’s Olympic Bird’s Nest. However, modernity lives hand-in-hand with the tradition, represented by numerous authentic buildings such as the incredible complex of The Forbidden City.
And if all of this has not convinced you to take a look at the Chinese Masters Programs, then you should know that as an international student, you will definitely have lots of fun. The blooming nightlife of the Chinese metropolises unfolds a unique mixture of diverse party places and activities – from extravagant clubs to private karaoke rooms. While experiencing the Chinese nightlife to the fullest, you will feel completely safe.
Tuition fees and study duration
China is rapidly becoming one of the most popular study-abroad destination, with some 100 000 international students at its universities. One of the key advantages of the education there is that it is affordable. The average cost of Masters studies is between 20000 RMB and 60000 RMB (around 2800 EUR and 8500 EUR) per year. You may also have to pay a small application fee in addition to this. The tuition fees are lower in comparison to other Asian countries and the costs of living are quite modest.
Chinese Masters degrees usually last for two years. However, if your program is focused on research, it might take longer, depending on your topic. Similarly to many countries in Europe, the academic year starts in September and ends in July.
The requirements could vary between the different universities. The main points in common are good health (you will need to have a health insurance) and valid foreign passport. For the courses thought in English, it is required to have a proof of language proficiency such as TOEFL or IELTS, unless you are a native English speaker. For a successful application you will have to submit one or two letters of recommendation from your professors. In case you want to study in Chinese, you will need to have a Chinese Proficiency Test HSK level 4-6 certificate or above. As an alternative, you could pass the university's entrance examination. Even if you start a program in English, you will probably be given the chance by the university to take a Chinese language course for free.
In China there is something for every taste. If you want to explore the huge cultural diversity you should travel around the country which is home to 55 different ethnic minorities – each with different customs and traditions, cuisine, songs and dances.
You will see some of the most beautiful and magnificent places in the world – from the Rainbow and the Yellow Mountains, to the Temple of Heaven, from the Great Wall, to Shigatse Prefecture in Tibet, from the scenic valleys of Jiuzhaigou to the desert landscapes of the Silk Road.
If you are interested in economics, architecture, history and engineering – China has a lot to offer. Following the rapid economic development over the last 30 years, Chinese cities proudly present some of the most daring works of modern architects - such as the skyscrapers of Shanghai and Beijing’s Olympic Bird’s Nest. However, modernity lives hand-in-hand with the tradition, represented by numerous authentic buildings such as the incredible complex of The Forbidden City.
And if all of this has not convinced you to take a look at the Chinese Masters Programs, then you should know that as an international student, you will definitely have lots of fun. The blooming nightlife of the Chinese metropolises unfolds a unique mixture of diverse party places and activities – from extravagant clubs to private karaoke rooms. While experiencing the Chinese nightlife to the fullest, you will feel completely safe.
With the U.S. election approaching, President Donald Trump on Monday
again raised the idea of separating the U.S. and Chinese economies, also
known as decoupling, suggesting the United States would not lose money
if the world’s two biggest economies no longer did business.To get more China economy news, you can visit shine news official website.
“So when you mention the word decouple, it’s an interesting word,” Trump told a Labor Day news conference at the White House in which he vowed to bring jobs back to America from China.
“We lose billions of dollars and if we didn’t do business with them we wouldn’t lose billions of dollars. It’s called decoupling, so you’ll start thinking about it,” Trump said.
Trump, who long touted friendly ties with Chinese President Xi Jinping as he sought to make good on promises to rebalance a massive trade deficit, has made getting tough on China a key part of his campaign for re-election on Nov. 3. He has accused his Democratic opponent, Joe Biden, who leads in most opinion polls, of being soft toward Beijing.
“If Biden wins, China wins, because China will own this country,” he said.
Biden for his part has criticized Trump’s Phase 1 trade deal with China, saying it is “unenforceable,” and “full of vague, weak, and recycled commitments from Beijing.”
Trump vowed that in future his administration would prohibit federal contracts with companies that outsource to China and hold Beijing accountable for allowing the coronavirus, which began in China, to spread around the world.
“We will make America into the manufacturing superpower of the world and will end our reliance on China once and for all.Whether it’s decoupling, or putting in massive tariffs like I’ve been doing already, we will end our reliance in China, because we can’t rely on China,” Trump said.
“We will bring jobs back from China to the United States and we will impose tariffs on companies that desert America to create jobs in China and other countries,” he added.
U.S. Treasury Secretary Steven Mnuchin said in June that a decoupling of the U.S. and Chinese economies would result if U.S. companies were not allowed to compete on a fair and level basis in China’s economy.
Other officials and analysts have said that the two countries’ economies are so intertwined as to make such a move impractical, but Washington would continue to pressure Beijing to level the playing field.
“So when you mention the word decouple, it’s an interesting word,” Trump told a Labor Day news conference at the White House in which he vowed to bring jobs back to America from China.
“We lose billions of dollars and if we didn’t do business with them we wouldn’t lose billions of dollars. It’s called decoupling, so you’ll start thinking about it,” Trump said.
Trump, who long touted friendly ties with Chinese President Xi Jinping as he sought to make good on promises to rebalance a massive trade deficit, has made getting tough on China a key part of his campaign for re-election on Nov. 3. He has accused his Democratic opponent, Joe Biden, who leads in most opinion polls, of being soft toward Beijing.
“If Biden wins, China wins, because China will own this country,” he said.
Biden for his part has criticized Trump’s Phase 1 trade deal with China, saying it is “unenforceable,” and “full of vague, weak, and recycled commitments from Beijing.”
Trump vowed that in future his administration would prohibit federal contracts with companies that outsource to China and hold Beijing accountable for allowing the coronavirus, which began in China, to spread around the world.
“We will make America into the manufacturing superpower of the world and will end our reliance on China once and for all.Whether it’s decoupling, or putting in massive tariffs like I’ve been doing already, we will end our reliance in China, because we can’t rely on China,” Trump said.
“We will bring jobs back from China to the United States and we will impose tariffs on companies that desert America to create jobs in China and other countries,” he added.
U.S. Treasury Secretary Steven Mnuchin said in June that a decoupling of the U.S. and Chinese economies would result if U.S. companies were not allowed to compete on a fair and level basis in China’s economy.
Other officials and analysts have said that the two countries’ economies are so intertwined as to make such a move impractical, but Washington would continue to pressure Beijing to level the playing field.
United Airlines has announced that it will be doubling the number of
services it offers between San Francisco and Shanghai. The route will be
served with four weekly flights starting on September 4th. This comes
after both the US and China have agreed to open additional international
air services between the two countries.To get more shanghai breaking news, you can visit shine news official website.
United Airlines currently flies twice weekly between San Francisco International Airport (SFO) and Shanghai Pudong International Airport (PVG) via a stop in Seoul Incheon International Airport (ICN). Starting on September 4th, United will operate four weekly flights.
United is going to use a Boeing 777-300ER on the route. The aircraft will operate from SFO to PVG via ICN on Wednesdays, Fridays, Saturdays, and Sundays. The return flight will run on Mondays, Thursdays, Saturdays, and Sundays.
UA857 will depart San Francisco at 11:00 local time on the above listed days. The aircraft will reach Shanghai at 17:45 local time the next day. The return flights will leave Shanghai at 21:40 and arrive the same day in San Francisco at 20:55 local.On Tuesday, August 18th, the Department of Transportation (DOT) announced that it would allow Chinese carriers to operate a total of eight weekly roundtrip scheduled flights in the aggregate. This came as Chinese aviation authorities also increased the number of flights permitted on US airlines. In total, US and Chinese airlines will be operating 16 roundtrip weekly flights between the two countries.
United Airlines and Delta Air Lines were two carriers trying to resume services to China back in June. However, there were some impediments to getting governmental permission in China for these US airlines to restart flights. So, at first, the DOT denied permission for Chinese airlines to operate to the US, citing the inability of US carriers to fly to China.A few days later, the DOT amended the order allowing a total of two flights per week between the US and China on Chinese carriers after Delta and United both received one weekly roundtrip. And then, after Delta and United received another weekly flight, Chinese airlines, in the aggregate, received four weekly flights.
Now, United and Delta have received four weekly flights apiece. So, the DOT is granting Chinese airlines eight weekly flights in the aggregate. Delta Air Lines will likely also increase the number of flights it offers between the US and China– also via a stop in Seoul.
The stop in Seoul by US airlines operating to China is likely to allow crews to avoid laying over in China, which has a very restrictive entry policy for foreigners.United Airlines was the largest US carrier flying to China before the current crisis hit. From Shanghai alone, United operated five daily flights from San Francisco, Los Angeles, Chicago, and Newark to PVG.
United’s SFO to PVG flight is driven in a large part by Apple, the tech company. Apple bought about 50 business class seats per day on the route, spending about $35 million. However, that has likely been significantly reduced in the wake of the current crisis.
United Airlines currently flies twice weekly between San Francisco International Airport (SFO) and Shanghai Pudong International Airport (PVG) via a stop in Seoul Incheon International Airport (ICN). Starting on September 4th, United will operate four weekly flights.
United is going to use a Boeing 777-300ER on the route. The aircraft will operate from SFO to PVG via ICN on Wednesdays, Fridays, Saturdays, and Sundays. The return flight will run on Mondays, Thursdays, Saturdays, and Sundays.
UA857 will depart San Francisco at 11:00 local time on the above listed days. The aircraft will reach Shanghai at 17:45 local time the next day. The return flights will leave Shanghai at 21:40 and arrive the same day in San Francisco at 20:55 local.On Tuesday, August 18th, the Department of Transportation (DOT) announced that it would allow Chinese carriers to operate a total of eight weekly roundtrip scheduled flights in the aggregate. This came as Chinese aviation authorities also increased the number of flights permitted on US airlines. In total, US and Chinese airlines will be operating 16 roundtrip weekly flights between the two countries.
United Airlines and Delta Air Lines were two carriers trying to resume services to China back in June. However, there were some impediments to getting governmental permission in China for these US airlines to restart flights. So, at first, the DOT denied permission for Chinese airlines to operate to the US, citing the inability of US carriers to fly to China.A few days later, the DOT amended the order allowing a total of two flights per week between the US and China on Chinese carriers after Delta and United both received one weekly roundtrip. And then, after Delta and United received another weekly flight, Chinese airlines, in the aggregate, received four weekly flights.
Now, United and Delta have received four weekly flights apiece. So, the DOT is granting Chinese airlines eight weekly flights in the aggregate. Delta Air Lines will likely also increase the number of flights it offers between the US and China– also via a stop in Seoul.
The stop in Seoul by US airlines operating to China is likely to allow crews to avoid laying over in China, which has a very restrictive entry policy for foreigners.United Airlines was the largest US carrier flying to China before the current crisis hit. From Shanghai alone, United operated five daily flights from San Francisco, Los Angeles, Chicago, and Newark to PVG.
United’s SFO to PVG flight is driven in a large part by Apple, the tech company. Apple bought about 50 business class seats per day on the route, spending about $35 million. However, that has likely been significantly reduced in the wake of the current crisis.
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.
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.
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.
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.
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.
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.