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 ...
Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...
Below are some of the most widely used and reliable trading patterns across financial markets. The ascending triangle is a bullish continuation pattern. A breakout above resistance often signals ...
In this webinar recording, we assessed a corrective pattern in Elliott Wave Theory that is a difficult one to trade, the flat. There are three types of flat patterns: Regular Irregular or expanded ...
There’s often a lot of talk about the correlation of strategy games, such as chess, with forex trading strategy, and there’s a lot of truth to it. The ability to pick up on patterns is highly ...
Nigeria’s currency traders see repeating rhythms across the calendar. Liquidity shifts, corporate flows, and global news cycles create tendencies that appear year after year. Understanding these ...
Forex stands for “Foreign Exchange” and refers to the active trading of currencies — exchanging one currency for another. Investors buy one currency while selling another (known as currency pairs) in ...
Forex trading can be complicated and risky, but it can also be lucrative without requiring a large initial investment. Many, or all, of the products featured on this page are from our advertising ...
EUR USD is trading lower overnight. The closing price reversal bottom at 1.4631 was confirmed, but there was no followthrough rally. Based on the short-term range of 1.4630 to 1.4806, look for a ...
Every second, about $850 million changes hands in the foreign exchange (forex or FX) market, making it the world's largest financial marketplace, with daily trading volume reaching $7.5 trillion.