What is Technical Analysis

Technical analysis is the analysis used to forecast the future price movement of various Financial assets such are Forex Currencies, Stocks and Indices. Technical Analysts are using tools such are moving averages, indicators and charts to identify price patterns. Technical analysis is actually measuring the market’s psychology and it is much more valid in short-term periods.

What is a Chartist

A Chartist is the trader who uses charts and other technical analysis tools to forecast the future price movement of a currency pair.

What is a Tick

Tick is the minimum change of time in the Forex market.

What is a Tick Chart

Tick chart is a price chart made by ticks values.

 

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What are Time Cycles

Time cycles are used to describe the repetition of financial price movements at particular time frames.

What is a Bar Chart

A bar chart is a chart where prices are indicated in forms of bars or lines.

What is a Candlestick chart

Candlestick chart is a Japanese origin chart which is widely used in the Forex market. A candlestick chart is a combination of a line-chart and a bar-chart.

What is a Breakout

Breakout in technical analysis means the breakdown of the trend below its support / or above its resistance level.

What is a Channel

A trading channel indicates the limits of a future price movement.

What is an Uptrend

An uptrend is a price trend that is bullish.

What is Downtrend

A downtrend expresses a downward trend of a currency pair.

What is Volatility

It is the speed at which the price of a financial security fluctuates.

What is Volume

Volume measures the level of trading activity.

What is a Resistance Level

Resistance level in technical analysis is the price upper zone where a bullish trend is possible to reverse. The increase of volume activity is a common phenomenon in such price zones.

What is a Retracement

A retracement is a short-term correction of a price trend, after which the master trend is continued.

What is RSI (Relative Strength Index)

RSI is a widely used technical indicator which indicates oversold and overbought levels.

What is Support Level

  

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Support level in technical analysis is the price level below current price level where a bearish trend is possible to reverse. The increase of volume activity is a common phenomenon in such price zones.

What is Elliott Wave Principle

Elliot Waves principal is a basic chart pattern which includes 5-waves upward and 3 waves downward.

What is Fibonacci Retracement

Fibonacci Retracement is a tool of technical analysis calculated as the 23.6%, 32.8%, 50% and 61.8% of the trend range of a price.

What is Gap

Gap means a difference between the previous period's close price and the next period's open price. In Forex market gaps may occur only after weekends.

What is Momentum

Momentum is the speed of change of a currency’s value.

What is Open Position

An open position is an active Forex trading position.

What are Oscillators

Oscillators are technical analysis tools which are used to predict future price movements.

What is Pivot Point

Pivot point is the primary support/resistance point.

What is Bear Market or Bearish Market

Bear or Bearish market is a financial market that is expected to trend downward.

What is Bull Market

Bull or Bullish Market is a market that is expected to trend upward.

 

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Read More: » What is Stochastic Oscillator | » What is Williams %R | » What is Pivot Point | » What is RSI | » What is MACD  | » What are Round Numbers?

 

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