There are several different momentum indicators. One of the popular ones is the RSI (Relative Strength Index) which was developed in 1978 by J. Welles Wilder. The RSI is in the form of an oscillator from 0...
Leveraging the benefits of the Relative Strength Index (RSI) in forex trading is easy when you know how to go about it. All it takes is a keen eye and in-depth understanding of how this particular indicator...
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...
USDJPY moved above the top trend line of the descending price channel on daily chart, suggesting that the bearish movement from 118.66 had completed at 108.13 already. Further rise to test 115.50 resistance is still possible in...
Relative Strength Index (RSI) is used to quantify the strength of the entire set of ascending movements in opposition to all descending movements within a given period of time. The following is the Relative Strength Index equation:
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...
