Falling Wedge

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Trading a rising or falling wedge pattern

The rising and falling wedge patterns can provide useful signals of upcoming price action, if you know how to trade them. Find out everything you need to know about wedges.

Dollar Index Holding Above Key Area in the Mid-95.00s

The US dollar is rallying against most of its major rivals after Friday’s NFP report showed a multigenerational in the unemployment rate (though that wasn’t enough to make wage growth accelerate). Amidst a US bank holiday, the world’s reserve currency is rising against the “commodity dollars” and mainland European currencies, though it is losing slight ground to the yen and British pound.

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