The EUR/USD and the USD index are both breaking out of a much commented upon pennant pattern today. The USD is gaining a lot of strength and the breakout looks pretty solid. However are pennant and ...

The ABCD pattern is a simple yet powerful tool in the arsenal of any forex trader, offering a clear structure to spot potential price reversals and continuation moves ...

Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...

Buy the GBP/USD pair and set a take-profit at 1.3565. Add a stop-loss at 1.3300. Timeline: 1-2 days. Bearish view Sell the GBP/USD pair and set a take-profit at 1.3300. Add a stop-loss at 1.3565. The ...