GBP/USD fell sharply to the downside a few weeks back, which we see it as wave V that touched lower trendline of a wedge pattern, known also as a diagonal triangle. If we are correct, then market may ...

A break above 1.4250 (Key EW swing high/2008 downtrend line) would open up large triangle pattern which targets 1.4500/1.4945 area. The wave 5 started from 1.2660 and appears to be taking longer time ...

An Ending Diagonal Triangle trading pattern suggests that the two-month rally in the U.S. Dollar Index is poised to end, according to MacNeil Curry, head of foreign-exchange and interest-rates ...

Head and Shoulder and Other Bearish Signals: - Gold is seen forming a head and shoulder pattern in the 4H chart. If the market can stay below 1607 today in the Asian session, we can see this topping ...

Remember how during the time of the Greek bailout a couple of weeks ago, the euro didn't seem to "know" which way to go next? There is a reason for that, says The Wall Street Journal-- carry trade: ...

Gold has been trading higher since the start of this year after finding support at 1522.60 to end 2011. The 4H chart shows the RSI reading holding above 40, and mostly above 50, while being able to ...