AUDUSD is forming a triangle pattern on 4-hour chart. Support is at 0.7491, a breakdown below this level will indicate that the downtrend from 0.7749 has resumed, then further following downward movement could bring price to 0.7400...
GBPUSD broke out the upper line of the triangle pattern, indicating that lengthier consolidation for the long term downtrend from 1.7190 (Jul 15, 2014 high) is underway. Further rise could be expected over the next several weeks,...
GBPUSD is forming a triangle pattern on daily chart. Resistance is at the upper trend line of the pattern, as long as this trend line resistance holds, sideways movement could be expected to continue and next target...
A forex trader must master many analysis techniques and strategies to trade successfully. Studying chart pattern is one of the most common practices in Forex trading. These charts give reliable entry and exit points for the potential...
When trading Forex one can trade many set-ups that appear to be profitable but actually can lead to more losses than profits. In this article we will cover several of the best set-ups that have been profitable...
