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The phrase “pivot points” in relation to Forex trading is often misunderstood. Many traders believe it refers only to the daily pivot point, calculated as an average of: the high, the low and the ...

Pivot points have a long history in trading, and are a commonly used technique to this day. They are used to identify market movements, based on the high, low and closing price of the previous day. If ...

USD/CAD has formed a candlestick reversal pattern on the daily chart. This could mark an important reversal in the short-term trend.

Traders often rely on Japanese candlestick charts to observe the price action of financial assets. Candlestick graphs give twice as much information as a standard line chart. They also allow you to ...

Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.