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 ...

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 ...

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 ...

DXY, USDCAD, USDJPY, and EURUSD are all testing long-term trend lines. Here is what the frequency of those tests is actually ...

President Trump loves to boast about American might, but the American dollar is rapidly weakening on his watch, said The Economist. Last week, the greenback “slid to its softest ...

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 ...

A falling wedge forms when price makes lower highs and lower lows, but the range contracts as the two trendlines converge. The upper trendline falls faster than the lower one, showing sellers are ...