If you are looking for a simple and effective way to improve your forex trading performance, you might want to consider using exponential moving average (EMA). EMA is one of the most popular and widely used technical indicators in forex trading....
A saying goes that the trend is your friend; however, this never explains trading a trending market or how we can signify a trending market. With this article, I will explain to you a few points on...
By Elliott Wave International The “moving average” is a technical indicator of market strength which has stood the test of time. More than 30 years ago, Elliott Wave International President Robert Prechter described this indicator in his...
Forex strategies help investors to stick to a particular plan when trading currencies. The discipline has proven to be elemental in increasing profits generated from Forex markets. Forex strategies can be based on technical analysis or vital,...
The simple moving average (SMA) is widely used in forex analysis. It is the simplest of all forex analysis moving average methods. The premise of the SMA is comparing the closing price of assets to the period...
By Elliott Wave International The “moving average” is a technical indicator of market strength which has stood the test of time. Over 30 years ago, Robert Prechter described this indicator in his essay, “What a Trader Really...
Forex trading is the buying and selling of currencies in a global market. It is a decentralized industry where traders interact over the counter. This market is huge and immensely liquid due to a trading volume which...
Under pressure by the resistance of the Mar 10 high of 115.50, USDJPY pulled back from 114.36 and the fall extended sharply to as low as 110.23. The pair will find support at around 109.60, which is...
EURUSD broke above the upper line of the price channel on the daily chart, which provided resistance around 1.1060, indicating that a new bullish movement had started. Further rises could be expected over the next several days...
By Elliott Wave International Moving averages are a popular tool for technical traders because they can “smooth” price fluctuations in any chart. Senior Analyst Jeffrey Kennedy gives a clear definition: “A moving average is simply the average...
