The euro is supported by the ECB’s decision to raise interest rates and revise its inflation forecasts higher. For EUR/USD, the key factor is not only the rate move itself, but also the signal that the central bank is ready to contain the...

Multi-timeframe alignment is a trading approach that compares price action, trends, momentum, and market structure across different chart periods. The main types of alignment help traders determine whether multiple timeframes support the same trading...

The main types of moving averages used in crossover strategies are the Simple Moving Average (SMA), Exponential Moving Average (EMA), Weighted Moving Average (WMA), and Smoothed Moving Average (SMMA). Each type calculates average price differently...

A retest trading strategy is a technical analysis approach that involves waiting for the price to return to a previously broken support or resistance level before entering a trade. Instead of entering immediately when a breakout occurs, traders wait...

After a head and shoulders pattern is completed, the typical price action reverses the prior trend. This pattern is a classic technical analysis formation that signals a shift from bullish to bearish momentum. Traders expect a downward movement once...

A standard lot in forex trading is equal to 100,000 units of the base currency. The other two widely used lot sizes are micro- and mini-lots.

The Fry Pan Bottom candlestick pattern, also known as the "Saucier Bottom," is a bullish reversal pattern in technical analysis. It typically forms after a downtrend, signaling a potential shift in market sentiment from bearish to bullish. The...

Cash inputs and outflows from an asset are typically measured by the accumulation/distribution line (A/D line). It is similar to the on-balance volume indicator (OBV), except that it evaluates the security's closing price as well as the trading range...

The Doji Star candlestick pattern is a key formation in forex trading, often indicating a potential reversal in market trends. It is a two-candlestick pattern that typically occurs at the end of a strong price movement, signalling indecision in the...

Pepperstone is a leading online forex and CFD broker that provides a comprehensive range of financial services in the global markets. Founded in 2010, the company has established itself as a prominent player in the industry, offering cutting-edge...