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The Tweezer Bottom candlestick pattern is a powerful bullish candlestick reversal pattern...

Moving average is the average rate of a currency pair over a set period. For example, if you conduct a 20-day moving average (20 day MA), you simply add the close price of the past 20 days and divide it by 20. This is called a simple moving average (SMA...

CANDLESTICK REVERSAL PATTERNS A candlestick reversal pattern indicate a reversal of the trend. In order for this candlestick chart pattern to work beautifully, the prior market trend must be identified as either bullish or bearish...

The existence of a trend in any market depends on a series of relative highs and lows. Two consecutive relative highs, each above the previous relative high, and two relative lows above the previous low would be constitute a tentative up-trend. A third relative high would confirm the trend...

The Fibonacci equal wave pattern provides us at least a 1-to-2 risk-to-reward ratio trading opportunity. Below, we provide two examples of how you can incorporate the equal wave pattern into your current forex strategy and technical analysis...

The Bank of America has hired Sascha Szyfman as the Area Vice President in its Global Technology and Operations division. Previously, Szyfman worked for three years at FXDD, based in New York...

The MACD indicator is one of the most widely and commonly used indicators available. MACD indicator is a momentum oscillator with some trend following characteristics. MACD is one of the most popular indicators used in technical analysis. It is used to generate signals using crossovers...

The Canadian economy grew at the fastest pace in four months in May, driven by gains in manufacturing, wholesale and retail trade, energy and construction. Gross domestic product, the total of goods and services produced in the country, rose 0.4% to 1.62 trillion Canadian dollars ($1...

Prices are drifting cautiously lower having topped below $1350/oz three weeks ago. Near-term support is in the 1284.09-87.13 area, marked by a falling trend line set from late June and the 38.2% Fibonacci expansion. A break below that on a daily closing basis exposes the 50% level at 1269.22...

The Dow Jones 30 fell during the course of the week, but continues to grind sideways as the market is trying to break out above the 17,150 level, and seeing quite a bit of resistance in the process...

Fundamental Forecast for Australian Dollar: Neutral...

3 Forex Trading Levels - Where Do You Stand? The Beginner Every trader must start somewhere to study the logistics of how forex works. The beginner trader's goal is to study the forex constitution, understand them and establish a methodology to work on...