Japanese candlestick charts have become a standard technical analysis tool for many forex traders. In just one candle, a currency trader can see an exchange rate’s open, high, low and close for a ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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 ...

The NZD/USD is near the 0.57740 ratio as of this writing with the currency pair showing an ability to sustain higher ground ...

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, ...

The tranquil consolidated price realm of the USD/BRL has evaporated for the time being. Yesterday's close near the 5.4331 mark, after having traded around the 5.3000 mark last Thursday may look rathe ...

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 ...

There are different types of charts used in technical analysis of the FX market. There are different types of charts used in technical analysis of the FX market. Some of the most common ones include ...

As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...

Forex trading is exchanging one currency for another in hopes of profiting from the trade. Learn more about how you can start trading foreign currencies today.