The tranquil consolidated price realm of the USD/BRL has evaporated for the time being. Yesterday's close near the 5.4331 mark, after having traded around the 5.3000 mark last Thursday may look rathe ...

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 ...

Potential signal: <li /> I am selling below the 18.20 level, with a stop at 18.33 and a target of 18.01 The US dollar showed ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...

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 ...

Forex traders need certain tools to make successful trades. These tools keep them up to date about current events in the forex market that can affect their trades, help protect their funds from risks, ...

As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...

DailyForex is a one-stop-shop for all Forex traders whether they are new to the market or have years of experience. We offer in-depth objective reviews of Forex brokers, money managers, signal ...