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What are the technical analysis tools of foreign exchange


When cashbackforexprofitcalculatorvesting in foreign exchange, many investors want to underst cashback forex profit calculator what are the technical analys forexcashbackprofitcalculator tools of foreign exchange, today the author for you to fully reveal what are the technical analysis tools of foreign exchange, I hope you seriously understand Relative Strength Index (RSI): RSI calculation method is to first accumulate the cashbackforexpipcalculator of a certain period of time and the magnitude of the price and the magnitude of the decline, and then go to the The ratio of the two, the value between 0-100 If the RSI is greater than or equal to 70, indicating that the financial product is in an overbought state (prices rose more than the cashback forex expected) RSI is less than or equal to 30, the financial product can be considered oversold (prices fell more than the market expected) Stochasticoscillator (Stochastic Index): Stochastic index of activity in the range of 0- 100%, reflecting the overbought / oversold situation in the strong rise, the closing price will be biased towards the high end of the market, and vice versa, in the decline will be biased towards the low stochastic index is used %K and %D two curves constitute a graphical relationship to analyze and judge the price trend, this graphical relationship mainly reflects the market overbought / oversold phenomenon; at the same time %K and %D two curves crossover also gives the signal to buy and sell and stochastic The divergence between the index and the exchange rate can give useful trading signals Smoothing Moving Average of Dissimilarities (MACD): This indicator consists of two dynamic trend lines drawn MACD line is the difference between the moving average of two indicators and the signal line or trigger line, it is the smoothed moving average of the difference If the MACD and the trigger line intersect, it can be seen as a signal that the market trend has changed Numbertheory ( Numbertheory): Fibonacci series (Fibonaccinumbers): Fibonacci series (1,1,2,3,5,8,13,21,34…) in the order of numbers in the construction of the structure is the first two numbers are added to get the third number of any number and the ratio of the next larger number is 62%, which is the famous Fibonacci The inverse of 62% is also considered a Fibonacci retracement of 38%. This method is based on the relationship between price action and time and is known as the time/price equivalence method Ganns method is not easy to explain, but the essence is that he uses angles in the charts to derive support and resistance levels and to predict when the futures trend will change. Elliott wave theory is a market analysis method based on repeated wave patterns and the Fibonacci sequence The ideal Elliott wave pattern has five up waves followed by three down waves Gaps are price zones on the chart where no trading occurs When the lowest price of a trading day is higher than the highest price of the previous day, an upward window (upgap) is formed; when the highest price of the day is lower than the lowest price of the previous day, a downward window (downgap) is formed A downgap is a price window that forms after the completion of an important price pattern, and it usually marks the beginning of an important price trend. A runawaygap is a price window that occurs at the midpoint of an important market trend and is therefore also known as a measuringgap An exhaustiongap is a price window that occurs at the tail end of an important trend and signals that the trend is coming to an end Trends are price movements that rise or fall when market prices make consecutive new highs, which are considered uptrends; A break of a trend line usually marks the end of a trend or a reversal of the level of peaks and troughs indicating the price range of the market. To confirm trends and the location of support and resistance, moving averages can be used to smooth out price information Trends are very useful in determining trading strategies, especially in futures trading or in markets with strong up or down trends The most common techniques are CoppockCurve is an investment tool used in technical analysis to predict bear market lows DMI (Movement Indicator) is a common technical indicator used to determine whether a group of currency pairs are in trend Unlike fundamental analysts, technical analysts are less concerned with global factors affecting the market and focus their attention on market activity in specific financial instruments