What is Technical Analysis in Forex?
Technical Analysis
Forex Trading Glossary
Quick Answer: Technical analysis uses price charts, patterns, and indicators to predict future price movements based on historical data and market psychology.
What is Technical Analysis?
Technical analysis studies price action and market statistics to forecast future movement. It assumes that all known information is already reflected in price.
Technical Analysis Toolbox
- Chart patterns: Triangles, head-and-shoulders, wedges.
- Indicators: Moving averages, oscillators, volatility measures.
- Support & resistance: Horizontal levels, trendlines, Fibonacci.
- Market structure: Trends, ranges, and breakout dynamics.
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