How to Use Donchian Channels to Trade Trends and Breakouts

by ForexCycle.com | November 12, 2023 12:34 pm
In the world of financial markets, traders are constantly seeking tools and strategies that can provide them with an edge in making profitable decisions. One such tool that has gained popularity among traders is Donchian Channels. Donchian...

GBPJPY Downtrend Channel (Jun 14, 2017)

by Kate Curtis | June 14, 2017 11:21 am
GBPJPY just bounced off its channel support again and could be gearing up for a correction to the resistance at the 141.50 minor psychological mark. If this keeps gains in check, the selloff could resume back to...

AUDUSD Descending Channel (May 15, 2017)

by Kate Curtis | May 15, 2017 9:56 am
AUDUSD has been trending lower recently and is now moving inside a descending channel on its 4-hour chart. Price just bounced off support and is looking to pull back to the resistance at the .7450 minor psychological...

Here’s How to Validate and Trade a Channel

by ForexCycle.com | March 18, 2012 10:41 am
Trading price channels are a valuable tool for traders to identify and capitalize on price movements within a specific range. Price channels are formed when an asset’s price moves between two parallel trend lines, creating opportunities for...