Technical Analysis

Forex technical analysis encompasses the use of some of a range of indicators, including momentum indicators. In this course, we will learn how moving averages can be adapted to serve as momentum indicators, as well as marking mobile support and resistance. With Forex technical analysis, we can plot multiple moving averages of different time spans on our charts, and can create a hybrid momentum indicator, the moving average crossover.

Forex trading

also known as FX or currency trading, gives you access to the largest market in the world with over $4 trillion in daily transactions. Trade on your own schedule with markets open 24 hours a day, 5+ days a week. 100:1 leverage, which should be prudently applied, gives traders the opportunity to achieve dramatic results with far less capital.

We will review the two types of moving average crossovers.

The first type of moving average crossover is price crossing over or under a moving average.

The second type of moving average crossover is a shorter-duration moving average crossing over a longer, slower moving averags.

Using Forex technical analysis, we will learn under what conditions a moving average crossover signals a possible momentum and trend change.