Technical indicators summary for currency pairs - Forex
Time frame
Currency pair
Moving averages
Technical indicators
Summary
Last update Thursday 05 December
Support Resistance and Pivot points
Currency
Support 3
Support 2
Support 1
Pivot
Resistance 1
Resistance 2
Resistance 3
Currency
Support 3
Support 2
Support 1
Pivot
Resistance 1
Resistance 2
Resistance 3
Currency
Support 3
Support 2
Support 1
Pivot
Resistance 1
Resistance 2
Resistance 3
Currency
Support 3
Support 2
Support 1
Pivot
Resistance 1
Resistance 2
Resistance 3
Currency
Support 3
Support 2
Support 1
Pivot
Resistance 1
Resistance 2
Resistance 3
Last update 05 December 2024 10:00pm
Support and resistance points are used to determine technical levels that should be investigated. Including the price, by specifying the pivot point or pivot point and On the basis of which support and resistance points are calculated, these points are calculated Through the closing and opening price, the highest and lowest during a period of time. Sample, support and placement points are very useful for stores in the market. Currencies are a tool through which reversal areas can be predicted first.
Forex Correlation
Currency
GBP/USD
EUR/GBP
AUD/JPY
EUR/USD
EUR/AUD
NZD/JPY
AUD/USD
EUR/JPY
EUR/CAD
Last update 05 December 2024 10:00pm
The above table shows the correlation of the movement of pairs with each other during the time frame and time period you choose. Through this table, you can identify the pairs that move in a similar or opposite movement or even do not represent any type of correlation. Note that pairs that are related by more than 80% are pairs that usually go in the same direction, pairs that are related by less than -80 are pairs that usually go in the completely opposite direction, and pairs that are related between 60 and -60 are pairs that have no correlation. This table is very useful for those who trade in more than one pair so that they do not fall into the trap of entering into transactions in pairs that go in the same direction or completely opposite. Through this table, it is possible to calculate the risk when entering into more than one pair and reduce it.
Forex Volatility
period
weekly
Currency
hour
4 Hours
Daily
Weekly
Monthly
This table shows the Volatility of each currency pair by measuring the average movement range in pips within the specified time period. The benefit of this table is that it gives you a quick overview of how strong the currency pair's movements have been over the specified period.