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Technical Indicators Defined and Explained for Forex Traders

From dailyfx.com

Technical indicators are chart analysis tools thatcan help forex traders better understand and act on price movement. There is a huge range of technical analysis tools available that analyze trends, provide price averages, measure volatility and more. In this piece, we explore the types of technical indicators available, from RSI to Bollinger Bands, explain how to respond to technical signals, and reveal the top tips to making the tools an effective part of your trading journey. There are four main types of technical indicators: Trend Following, Oscillators, Volatility and Support/Resistance. They are grouped based ... (full story)

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