Technical Analyze Using of Price Movements

The term forex may become familiar if a trader enters the world of investment because forex trading is widely referred to as a promising money-making field. Even so, it doesn't mean that everyone can be sure to profit when trading forex. 

Forex is trading one currency for another. These forex transactions occur in forex market or also familiar as the forex market. The forex market is the largest and  most liquid market in the world by daily trading volume. Most of the trading done through banks, brokers, and  financial institutions. In forex trading, there are several types of analysis namely technichal and fundamental analysis.

Technical analysis is how to analyzing asset price movement in financial markets using statistical tools, such as graphs and mathematical formulas. The goal of technical analysis is so that investors or traders can asssess current market conditions based on price of history in past, as well as provide an overview or prediction of future market movements

Technical analysis is used to analyze price based on past data price. Using this data analysis tries to see if there is a trend or price patterns that occurs. Usually traders follow the pattern that occurs. For exampel, when the price up trend, the trader opens a buy positions, or otherwise when the price down trend, the trader opens a sell positions. To determine the trend, can use tools or indicators. 

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