FOREX QUOTATIONS

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TEHNICAL ANALYSIS

A technical analysis studies historical data or previous behavior of the market in order to foresee future market movements.Most traders use technical analysis to get a "big picture" on an investment's price history.

There are two primary tools:

The market moves in a predictable pattern.These patterns produced by the movements of prices are known as signals.The aim of a technical analysis is to discover signals known in present market through the examination of previous market signals. The prices change in a certain trend.The prices can move in one of the three trends,up,down or constantly.Once the trend is established it will continue for a period of time.

CHARTING TERMS AND INDICATORS

TYPES OF CHARTS

TECHNICAL INDICATORS

We show here some of the most used technical indicators:
 
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