Technical traders use many different indicators in combination with support and resistance to aid them in predicting the future direction of exchange rates. Given these programs, it is rare to see any major inconsistency last longer than a matter of seconds. One of the underlying tenets of technical analysis is that historical price action predicts future price action. Again, learning how to interpret various forex technical indicators is a study unto itself and goes beyond the scope of this forex tutorial. The latest markets news, real time quotes, financials and more.
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