In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...
What are forex trading signals? Forex trading signals are actionable ‘buy’ and ‘sell’ suggestions for your FX trades – eg ‘buy GBP/USD’. They’re triggered when certain chart patterns emerge, or key ...
Foreign exchange (Forex) trading is the trading of one currency for another on financial markets. These markets determine the exchange rates between currencies and often involve complex derivatives ...
Mastering the diamond pattern can provide technical forex traders with a significant advantage in predicting currency market reversals and breakouts. This technical analysis formation is characterized ...
Potential signal: <li /> I am selling below the 18.20 level, with a stop at 18.33 and a target of 18.01 The US dollar showed ...
The foreign exchange market, commonly known as forex, represents the world's largest and most liquid financial market. With a daily trading volume exceeding $7 trillion, forex operates as a ...
Have you ever considered exploring the forex market but felt daunted by its intricacies? No need to fret. MetaTrader 4, also known as MT4, is an electronic trading platform used for retail foreign ...
The Chart Pack summarises macroeconomic and financial market trends in Australia and provides some information about developments for our main trading partners. The graphs in the Chart Pack are ...
The EUR/USD daily Forex chart formed a bull reversal day on Friday. There is a nested parabolic wedge and it is above the August 15 bull trend reversal low. The EUR/USD daily Forex chart has sold off ...