6 Best Forex Indicators For Beginners

by ForexCycle.com | May 29, 2018 9:07 am
Forex trading is the buying and selling of currencies in a global market. It is a decentralized industry where traders interact over the counter. This market is huge and immensely liquid due to a trading volume which...

USDJPY Moved Above Channel Resistance

by ForexCycle.com | May 16, 2017 8:42 am
USDJPY moved above the top trend line of the descending price channel on daily chart, suggesting that the bearish movement from 118.66 had completed at 108.13 already. Further rise to test 115.50 resistance is still possible in...

Relative Strength Index Explained

by ForexCycle.com | February 24, 2009 5:00 am
Relative Strength Index (RSI) is used to quantify the strength of the entire set of ascending movements in opposition to all descending movements within a given period of time. The following is the Relative Strength Index equation:

Relative Strength Index – Your Best Oscillator for Market

by ForexCycle.com | February 13, 2008 6:03 am
Relative Strength Index (RSI), one of the most popular financial technical analysis oscillators is best adapted to work in markets, which is range-bound. Developed in 1978 by J.Welles Wilder its popularity is mainly due to its easy...