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 ...

When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...

The main trend is down. The main trend turns up on a trade through .9850. The market has taken out every swing bottom since January, making the January 22 bottom at .8511 the next downside target.

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 ...

Article Summary: The EURJPY has advanced as much as 236 pips to close last weeks trading. As price consolidates traders look to pricing patterns to spot possible points of trend continuation. The ...

Article Summary: With so many currencies to choose from, triangle patterns can help forex traders quickly identify a pair to trade. This article will show you how to use triangles to find a trade ...

Profit-takers hit the NZD USD on Friday after a seven day rally. Lower commodity prices gave weak longs an excuse to take profits. Despite the sell-off on Friday, this pair still closed higher for 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 ...

Based on the current price at .7420, the direction of the AUD/USD into the close is likely to be determined by trader reaction to the downtrending Gann angle at .7415. The Australian Dollar is trading ...