Technical analysis provides currency traders with an excellent method of finding potentially profitable trades and generating objective trading signals. With technical analysis, forex traders can use ...

Trading the financial market can be profitable and risky depending on the knowledge and experience of a forex trader. To become an expert, traders need time to learn strategies to make an educated ...

Forex traders need certain tools to make successful trades. These tools keep them up to date about current events in the forex market that can affect their trades, help protect their funds from risks, ...

This analysis is based on the provided monthly charts for the following major currency pairs: USD/JPY, NZD/USD, GBP/USD, EUR/USD, and AUD/USD. The charts incorporate candlestick patterns, Bollinger ...

Currency pair: All charts depict the Australian Dollar against the US Dollar (AUD/USD). Timeframe variation: The charts show different timeframes, offering a multi-perspective view of the currency ...

Charts are useful tools for investors and traders as they offer insight into herd behavior. In a book written in 2004, author James Surowiecki explained how crowds make better decisions than ...

The recent run up of 1000 pips from 49 to about 59 has shown some signs of stalling. The bigger picture portrayed in the daily chart shows that last years sell off was a massive move, selling off from ...

Forex stands for “Foreign Exchange” and refers to the active trading of currencies — exchanging one currency for another.

Euro Initial support is seen at 1.3704 (Oct 21 low) followed by 1.3566 (Oct 11 low). Initial resistance is at 1.3954 (Oct 24 high) followed by 1.4013 (61.8% retrace of... ASIA SESSION: The Euro Awaits ...

As previously thought, the latest NFP, PPI, and CPI combo reports would have expected to relieve volatility in FX.

EURUSD continued its downward move for another week. The pair closed at 1.1110 last Friday. Its seems like Yellen comments after the recent FOMC found some support among the traders. Commitments of ...