The RSI is a price-following oscillator that ranges between 0 and 100. A popular method of analyzing the RSI is to look for a divergence in which the currency price is making a new high, but the RSI is failing to surpass its previous high....Read More>>

There are many chart patterns in the forex market: Trend, Support, Resistance, Flag, Pennant, Wedge, Gap, Head and shoulders, Rectangle, Ascending triangle, Descending triangle, Symmetrical triangle, Breakout, Double top, Triple top, Double...Read More>>

Fibonacci sequence - 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc. Interpretation of the Fibonacci numbers in forex technical analysis anticipates changes in trends as prices approach lines created by the Fibonacci studies. When used in t...Read More>>

Forex or Foreign Exchange is the largest international market for trading of foreign currencies between large banks, money speculators, financial institutions, multinational corporations and government. The market essentially is a reflectio...Read More>>

Relative Strength Index (RSI), one of the most popular financial technical analysis oscillators is best adapted to work in markets, which is range-bound. Developed in 1978 by J.Welles Wilder its popularity is mainly due to its easy interpre...Read More>>

MACD Divergence or Moving Average Convergence/Divergence is a useful indicator for spotting major changes in market trend, indicate trend direction and for giving hints of a possible market reversal. It is one of the strongest signals gener...Read More>>

The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover. ( click here to read full market ba...Read More>>

When talking about flag patterns, it probably will remind many traders of wedges and triangles, actually there's no difference among them - they are short-term continuation patterns. For convenience, we'll call all these patterns as flag in...Read More>>

Swing trading is a trade method in the gray area between trend following and day trading. A swing trader holds a stock for a small period of time and then will trade the stock when it's in it intra-week or intra-month oscillation. A experie...Read More>>

If you are a beginner at Forex trading then you must know that Forex is art and science, and, you have a really good advantage these days because with just a few things they can learn a lot about currency exchange. They also must know that...Read More>>