Tag Archives: Technical analysis and indicators
9.20 FX Daily EUR/USD
Focus on EUR/USD today. Fundamentally, the Federal Reserve will announce its latest interest rate decision, and it is basically a certainty that interest rates will remain unchanged. However, since the Federal Reserve will also release its latest Summary of Economic Predictions(SEP), the dot plot is the focus of the market’s attention. The most debated question […]
Key Indicators in Technical Analysis
If you have read our article “Basic Types of Charts in Technical Analysis”, now it’s time to unlock the secret with technical analysis indicators. Let’s dive in! Moving Averages: Moving averages calculate the average price of a currency pair or any other asset over a specific period, such as 10 days or 50 days, to […]
Introduction to Technical Analysis in Forex Trading
Technical analysis in forex trading is like solving a puzzle using historical price data. It helps us understand the past and make predictions about the future. What is Technical Analysis? By studying these puzzle pieces—patterns, trends, support and resistance, and using indicators—we can make predictions about future price movements. But remember, technical analysis is not […]
Basic Types of Charts in Technical Analysis
If you have read our article “Introduction to Technical Analysis”, then you must be aware of the significance of technical analysis, which is used by master traders to predict the ups and downs of the financial markets. In this article, we are going to lift the curtain on the myth of technical analysis: Charts! Line […]