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Forex - Chart USD/CNY [CN] Update: Potential inverted Head-shoulder pattern unfolding

Johnathon Fox of DailyForex.com explains a profitable forex trading method that does not involve any complex indicators, news, or cluttered price charts, relying simply and solely on price data to uncover quality set-ups. Price action trading is a simple ...

Win at Forex Without News or Indicators

Fan Yang CMT is a forex trader, analyst, educator for IBTrade; and main contributor for FXTimes - provider of Forex News, Analysis, Education, Videos, Charts, and other trading resources.

EUR/USD Ready for Another Bull Run After a Double-Three Correction

The EUR/JPY 4H chart shows the market reaching back toward the 2012 high at 102.20. This came after a bearish correction that found support between 50% and 61.8% retracement. Today’s price action is signaling bullish continuation. The RSI ...

EUR/JPY and GBP/JPY Testing and Breaking 2012 Highs

Now with the price back above the 0.9963 and other support at 0.9967 and the 100 bar MA on the 5 minute chart above at the the 0.9970, traders will likely look to lean against those support levels. The upside target would be the high for the day.

Forex Trading: USDCAD Ignores The Better Data.

Technically speaking, Franco Shao, Chief Analyst at ForexCycle.com notes: "USD/CHF broke above the upper line of the downward price channel on 4-hour chart last Friday, suggesting that a cycle bottom had been formed at 0.9114, and lengthier consolidation ...

Forex: USD/CHF lifted above 0.9200

or in any accompanying chart analyses. DailyFX provides forex news on the economic reports and political events that influence the currency market.

US Dollar Eyes Further Lows as Forex Volatility Tumbles

Looking at the moving averages used in daily charts, it can be seen that the market is above all the three moving averages and for entry, traders will look for entry points for dip towards short term moving average, around 1.5800 level and in case the move ...

Over-Bought GBP/USD Taking Breather

A summary of key levels for chart-watching technical strategists is below: Forex spot: EUR/USD USD/JPY GBP/USD USD/CHF Spot 1126 GMT 1.3121 76.78 1.5817 0.9202 3 Day Trend Range Bullish Bullish Range Weekly Trend Bullish Bearish Bullish Bearish ...