As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...

Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...

DXY, USDCAD, USDJPY, and EURUSD are all testing long-term trend lines. Here is what the frequency of those tests is actually ...

Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...

Chart patterns represent one of the most powerful analytical tools available to traders and investors across global financial markets. These visual formations, created by price action on trading ...

Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price ...

Japanese candlestick patterns are among the most widely used tools in technical analysis, and those formed by three or more candles are generally considered the most reliable. The Three Inside Up and ...

Chart patterns are the visual language of the markets, revealing the tug-of-war between buyers and sellers. By learning to spot and interpret them, traders can anticipate potential price moves with ...

The New Zealand Dollar confirmed the closing price reversal bottom at .6823. A continuation of this move will likely attract more short-covering. This market does not look so bad on the weekly chart ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Betsy began her career in international finance and it has since grown into a ...

Higher crude oil prices because of the escalating conflict between Russia and Georgia is helping to support the Euro overnight. Some traders are also saying last Friday's break may have been overdone.