Archive for Relative Strength Index

Combining Complementing Technical Analysis Indicators- ADX and RSI with MACD

In this article we will see how the Average Directional Index (ADX) and Moving averages may indicate that we can take a trading position and Relative Strength Index (RSI) and MACD crossover to indicate the entry/exit point. In Forex trading the volatility in general is quite high and the trends can change very dynamically. Uptrend [...]

Learn About the Relative Strength Index

When researching a stock, many investors are the most familiar with Fundamental Analysis — looking at a company’s balance sheet, earnings, revenues, and what’s happening in that company’s underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from Technical Analysis to help find a good entry [...]

AUD/NZD May See Bullish Reversal

Over the last week and a half, the AUD/NZD has experienced a bearish trend that has brought the pair down over 300 pips. Technical indicators are now showing that the pair may be in store for a bullish correction in the near future, providing forex t…

EUR/SEK Likely to See Downtrend

Following the recent bullish session the euro saw against the Swedish krona, it now appears that the pair has reached its peak and may turn downward. Technical indicators are showing that a prolonged bearish correction is likely to occur, giving fore…

Potential Reversal for EUR/CAD

The volatile of the EUR/CAD pair continues to be affected by the volatile forex market. The last two weeks has seen a lot of bullish strength in the EUR/CAD pair. However, as I demonstrated below, it seems that the pair’s bullish run may have run out of steam…

EUR/GBP – Technical Update

A bullish movement in EUR/GBP has pushed a number of technical indicators into the over-bought territory. As I will demonstrate below, the EUR/GBP may very well be heading for a reversal, as a bearish cross has taken place on the Slow Stochastic.

Silver Set for a Bullish Correction

Since markets opened this week, the price of silver has dropped over 130 pips and is currently trading around the 26.60 level. Technical indicators are now showing that the precious metal may be due for a bullish correction in the near future.

Crude Oil Approaching $92.30 Level

Crude oil prices rose significantly in the last week and peaked at $92.30 per barrel. However, the 8-hour chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities…

Begin oscillator trading from RSI

By Taro Hideyoshi What is the oscillator? An oscillator is a technical indicator that tells at a glance whether a security currently trades in an “overbought” or “oversold” condition. What are the meaning of “overbought” and “oversold”? Overbought means the security is trading at the upper extreme of its current price range and may be [...]

Top Forex Trading Indicators for successful trading

These are trading indicators that determine the instability of price. Indicator is made up of 3 bands, one on the middle and two on the sides. The middle band is used for simple average, while the two side bands show the volatility of a market…

Impeding Bearishness for Gold

By Anton Eljwizat – Gold prices rose significantly in the last three weeks and peaked at $1237 an ounce. However, the daily chart is suggesting that a recent upwards trend is losing steam and a bearish correction is impending. Forex traders involved with commodities like this can take advantage of this knowledge by going short [...]

Forex Technical Analysis – EUR/USD – RSI Reversal

By Russell Glaser – A sign that the bearish streak of the EUR/USD may begin to slow is appearing on the daily chart from the Relative Strength Index. Below the Forex Technical Analysis shows the daily chart using the 10-day RSI. The RSI can be used to show a shift in the direction of the [...]

The Relative Strength Index RSI

By Sylvain Vervoort – In this article I will talk about the Relative Strength Indicator used as a leading indicator to show early price reversals. We will also look at the creation of a dynamic overbought and oversold level and the use of small M-and-W patterns, leading short term price reversals. The Relative Strength Index [...]