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 ...

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 ...

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 ...

I am a buyer at an hourly close above 216, with a stop at 214. I would aim for 220. The British pound continues to threaten the Japanese yen on Thursday as we are pressuring the 216 yen level. This ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Betsy began her career in international finance and it has since grown into a ...