Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...

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 USD CAD put in a new high for the year last week at 1.0728 but closed lower for the week. This indicates potential downside pressure this week. The first down side target is 1.0465 to 1.0453. On ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Betsy began her career in international finance and it has since grown into a ...

Avenix Fzco, a fintech company based in Dubai, UAE, has recently unveiled its newest forex robot called FXGenix. This Expert Advisor (EA) for the MetaTrader 4 (MT4) platform is designed to identify ...