Technical analysis is done through charts of various sorts, such as bar charts, that depict the currency price. In order to analyze these charts, Forex trading indicators are used in order to present a clearer view of the market status.
Forex trading indicators use information of the market, including open high low and close prices, in order to help traders make the right investing decisions to earn the most profits.
The most popular technical analysis indicators are :
The Relative Strength Indicator
Moving Averages
Momentum
Bollinger Bands
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