When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...

Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...

The New Zealand Dollar could begin a short-covering rally if commodity prices begin to firm. Short-term traders should begin to look for counter-trend buying opportunities. The long-term fundamentals ...

Avenix Fzco, a fintech company based in Dubai, UAE, has recently unveiled its newest forex robot called FXGenix. This Expert Advisor (EA) for the MetaTrader 4 (MT4) platform is designed to identify ...

News that a Korean Bank is “considering” an investment in Lehman Brothers helped rally the Dollar on Friday. The strong up move erased about half of the Dollar’s loss against a few of the majors, ...