Month: June 2025

Understanding the Relative Strength Index (RSI) The Relative Strength Index (RSI) is a fundamental component of technical analysis in the field of forex trading and beyond. It’s esteemed as a momentum oscillator, offering unique insights into the velocity and magnitude of recent price changes. This technical indicator helps traders and analysts discern potential overbought or … Läs mer

Understanding Fibonacci Retracement in Forex Trading The application of Fibonacci retracement within forex trading serves as an essential technique for traders aiming to pinpoint potential support and resistance levels. Derived from the principles underlying the Fibonacci sequence, this practice is not merely a modern-day innovation but is deeply rooted in ancient mathematical logic. To deploy … Läs mer