FOREX CURRENCY EXCHANGE

The Technical Analysis is an important short term analysis tool of the evolution on the Forex Market. The technical analysis helps the investors to take the best investment decisions, the entry and exit time of a transaction. Through technical analysis the movement of the exchange prices are predicted based on previous evolution. The most used technical indicators are: - The price movement trend- shows the direction in which the prices evolves :increases,decreases or stays - Power indicators: the volume - Support,resistance : the trend line - Momentum indicators – shows the speed of the prices movement : Stochastic, MACD, RSI - Cyclical indicators : Elliott Wave

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