What is the Ichimoku cloud chart? Ichimoku cloud chart, also known as Ichimoku Kinko Hyo, is a technical analysis tool developed in Japan. It is used to identify trend direction, support and resistance levels, and potential price targets. The Ichimoku cloud chart consists of five lines: the Tenkan Sen (red), the Kijun Sen (blue), the […]
The moving average (MA) is one of the most widely used indicators in technical analysis. It uses past data to act as a guide for future decisions. The most common types are the simple, exponential and weighted moving averages (SMAs, EMAs & WMAs). Moving averages smooth out random fluctuations in price data over […]
The RSI is a technical indicator used to quantify the gains and losses of an asset over time. While it was initially designed for stocks, it can be applied to any tradable goods such as forex, cryptocurrencies or derivatives. The RSI is expressed as a number between 0 and 100, with anything above […]
Trending into the world of financial investments is both a risky and an exciting endeavor. While many have made astonishing fortunes trading, not all have had that luck. The difference comes down to the investment choice a trader settles for and their level of understanding of the same. You must find the most suitable investment […]
If you struggle to understand forex CFDs, you should check out other traders’ frequent worries and their updated answers. It will be comfortable to decide if forex CFD trading suits you after reading this article. Read on to find out more below. 1. What Happens When You Trade Forex CFDs? When you trade forex Contracts […]
