The ABCD pattern is a simple yet powerful tool in the arsenal of any forex trader, offering a clear structure to spot potential price reversals and continuation moves ...

Overnight the USD JPY showed no signs of weakening as the market found support on an uptrending Gann angle at 109.61. Regaining the major 50% price at 109.94 is another sign of strength. Continue to ...

Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...

Chart patterns offer great trading opportunities because they provide objective and recurring price events that can be studied in great detail. The 9 Forex chart patterns discussed in this article are ...

-In well-established uptrends, falling wedges usually mark the halfway point of a major move. - As continuation patterns, falling wedges have a high probability of breaking out in direction of the ...

You can think of forex patterns, as dance patterns. You gotta find a pattern, memorize it, and use it as a signal for the next (dance) move. As naughty as the currency pairs may be, they often give us ...

Article Summary: Forex Bull Flag patterns are great continuation trading patterns. This article will show you how to trade these easy to recognize chart patterns along with a solid money management ...

The main trend indicator is still up in the EUR USD. The main range is 1.5063 to 1.4625 with a 50% level at 1.4844. A new range has formed at 1.4625 to 1.5049 with a retracement zone at 1.4837 to ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The USD JPY is expected to continue to rally as traders gain more confidence in the U.S. stock market. The next major upside target is 113.28, but a weekly downtrending angle at 110.54 and the high ...