Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...

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 ...

EUR/USD:Broader themes may have to take a back seat for a couple of weeks, but the bias remains broadly dollar negative. Re-try a small buy against 1.3430 support, stop 1.3380,... Technical ...

Buy the GBP/USD pair and set a take-profit at 1.3565. Add a stop-loss at 1.3300. Timeline: 1-2 days. Bearish view Sell the GBP/USD pair and set a take-profit at 1.3300. Add a stop-loss at 1.3565. The ...

A triple bottom is a classic forex reversal pattern that signals a bearish trend is likely ending and a bullish reversal is underway. It consists of three successive lows (troughs) at roughly the same ...