For several years, traders and foreign exchange market creators have applied forex pivot points to decide primary support and/or resistance levels. In general speaking, the pivot point is observed as the primary support or resistance level. Forex pivot points are as well very famous in the forex market and can be a very helpful device [...]

Point and Figure charts

Point and Figure Charts are Forex charts dependent on price without time. Different to most investment charts, point and figure charts do not give a linear sign of time. In its place, they illustrate trends in price. A rising stack of Xs symbolizes raises, and a declining stack of Os symbolizes declines.

Rate of Change or ROC is a technical indicator that calculates the changes that take place with reference to the proportion when tried against the latest price and the price of “n” durations in the earlier period. It is as well said that they monitor the energy of the forex market.

Foreign currency converter is mainly used to have a calculation of numerical conversions of foreign currencies into the currency that a forex trader wants.