Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...

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 ...

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 ...

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 ...

Japanese candlesticks are a popular charting technique used by many traders. Today, we are looking at the shooting star reversal pattern which is a popular Japanese candlestick formation and how to ...

Bullish reversal patterns and higher U.S. interest rates should have USD/JPY and USD/CHF traders on alert for continued upside heading into the weekend. For those focused on the yen, the July Tokyo ...

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EUR USD is trading lower overnight. The closing price reversal bottom at 1.4631 was confirmed, but there was no followthrough rally. Based on the short-term range of 1.4630 to 1.4806, look for a ...

Forex trading involves exchanging one currency for another in the hope of profiting from the trade. Learn more about how you ...