Technical analysis, a popular tool among forex traders, is based on an assumption that all relevant information about a trading instrument is reflected in the market price. All you need to do is ...
In forex trading, "volume" refers to the total number of trades or contracts that are executed within a specific time period. Unlike in the stock market, where volume is measured by the number of ...
On Balance Volume (OBV) is a momentum indicator developed by Joe Granville in the 1960s. Since price typically follows volume, traders look for certain trends in the OBV indicator to be a predictive ...
If you’ve ever stepped into the world of Forex trading, you already know it’s like stepping into a fast-flowing river — it never stops moving. The currency market operates 24/5, reacting to global ...
Price reversal has been accompanied by an increase in volume EURUSD SSI is at -2, traditionally bullish signal If you’ve followed currencies at all over the last few months, you know how strong the US ...
Global Forex and CFDs broker Plus500 Ltd (LON:PLUS) announced yesterday that it has added an extensive set of technical analysis tools to its trading app. The new analysis package includes more than ...
Volume is helpful because, unlike the other technical indicators found at the bottom of the chart, volume is independent of price. Volume in stocks, currencies, and commodities is used to confirm the ...
Forex trading can be pretty overwhelming, especially for newbies. That’s why indicators were developed and are used for technical analysis in the market. There are thousands of indicators but using ...