Forex

Page 9 of 15

  • Chart Patterns: Channels

    The channel is a simple and effective technical analysis tool for charting and trading on a price trend. Channels can be used to identify a trend and the possible points of a reversal or a price breakout to a different trading level. What Is A Channel And How Is It Identified? Channels are customarily created by pinpointing the upper and lower limits of price action within an ongoing price trend…

  • Chart Patterns: Evening Star

    The evening star is the name for a classic bearish pattern appearing in candlestick charts that signals the end of a price uptrend and the beginnings of a downtrend. The pattern appears at the climax of a trend as a cross-like star formation. It's often used to identify a selling opportunity upon a reversal or help traders prepare for further selling opportunities as a new bearish trend gains momentum. Candle…

  • Chart Patterns: Pennants

    A pennant is a triangle-shaped chart pattern formed by consolidating price action following a directional market move or trend. Pennants are classified as continuation patterns, meaning their presence acts as a signal that the market is merely taking a pause, and the preceding trend has a good chance of extending its range in the near future. Market Conditions In general, chart patterns have the most predictive value when they exhibit…

  • Chart Patterns: Flags

    In the realm of technical analysis, a "flag" is a chart pattern that illustrates a temporary pause or compression in directional price action. A flag is classified as being a "continuation" pattern, suggesting that price is likely to resume movement in concert with a previously defined trend. Flags are widely accepted by long-term, swing and intraday traders as signals of potential breakouts. In addition, they provide technical traders a means…

  • Evolution Of The Marketplace: From Open Outcry To Electronic Trading

    Brief History Of Trading By definition, the term "trade" is the act of buying, selling, or exchanging goods with other parties. Dating back to the beginnings of human civilisation, "trade" has been the apparatus by which people have exchanged valued assets in an attempt to prosper or survive. The instrument of trade is credited with linking different cultures and acting as a conduit for the transmission of culture and ideas.…

  • What Is The Average Directional Index?

    The average directional index (ADX) is a charting tool that judges trend strength. It was formulated by market technician J. Welles Wilder and presented in his 1978 book New Concepts in Technical Trading Systems, along with the minus directional indicator (-DI) and the plus directional indicator (+DI). Trading on a price trend can be profitable, but for some it may also be nerve-racking, especially given uncertainties in market movements that…

  • What Is The Ichimoku Cloud?

    The Ichimoku Cloud is a central element of the Ichimoku chart technical analysis system aimed at forecasting price trends through a multi-dimensional visual representation of support and resistance levels. Ichimoku Kinko Hyo Since technical analysis came into common use in the 20th century, numerous charting systems have come into popularity. Many have specific strengths for given situations and purposes, such as identifying trend direction, support and resistance, and gauging price…

Disclosure

Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, Friedberg Direct, FXCM or its affiliates takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of Friedberg Direct and FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the Friedberg Direct's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.**

Spreads Widget: When static spreads are displayed, the figures reflect a time-stamped snapshot as of when the market closes. Spreads are variable and are subject to delay. The spread figures are for informational purposes only. Friedberg Direct is not liable for errors, omissions or delays, or for actions relying on this information.

Order Execution Only

Order Execution Only

Regulatory Documents:
IIROC Brochure: How Can I Get My Money Back, How IIROC Protects Investors, IIROC Complaints Brochure, CIPF Brochure, CIPF Coverage Policy, IIROC Order Execution Only Bulletin, Conflict Disclosure Statement, Covid-19 and Cyber Security - Tips for Investors

The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC). Friedberg customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.

${getInstrumentData.name} / ${getInstrumentData.ticker} /

Exchange: ${getInstrumentData.exchange}

${getInstrumentData.bid} ${getInstrumentData.divCcy} ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%) ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%)