The main task of every trader in the Forex market is money making. To achieve maximum results you have to know analysis of historical data to be able to determine future trend. Package of standard tools in the “MetaTrader” platform allows you effectively analyze the price trend. What is the technical analysis in Forex Forex
Technical analysis in the Forex market
Technical analysis is a set of methods for determining the moment for the transaction, based on the study of price trends. The analysis is carried out by construction of charts and previous market behavior research in order to predict the price movement for the future. Technical analysis may comprise graphical and mathematical analysis. Graphical analysis