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 ...
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 ...
I wrote on the 8 th February that the best trades for the week would be: Long of the Dow Jones Industrial Average. This gave a loss of 1.09% over the week. Last week's data had some minor effects upon ...
The break above 1.4600 last week opens for an extension towards 1.4750 near term. However 1.4700 has proved strong support so far and need to get above this level in the next few days to avoid a ...
The British pound has been very active and very noisy against the Japanese yen during trading on Thursday as we continue to hang around the 210-yen level. All things being equal, this is a market that ...