- CFDs & Forex Trading | Regulated Online Trading
- About Us
- Trading
- Platforms
- Resources
- Partners
- Research
5
Lessons
0
Videos
All
Skill Level
7.5 MINUTES
Duration
English
Language
Technical analysis is another core forex trading concept. This analysis involves looking at charts and using indicators to identify trends for making trading decisions. In this chapter, we will cover the basics of technical analysis in forex as well as how you can use it in your trading.
We will start by breaking down technical analysis into easily understood sections and highlight how it’s important. Then, we will cover the different chart types and timeframes you can use in order to determine market trends, as well as the best forex technical analysis techniques.
After that, we will explain the support and resistance levels and how you can use them to make more informed trading decisions. Next, we will talk about trend analysis alongside its indicators, including moving averages, oscillators, and momentum indicators.
Finally, we will share different technical analysis strategies that you can adopt for making profitable trades.
By the end of this chapter, you will have a solid understanding of technical analysis and how to make better trading decisions with it.
Here we will cover:
• Overview of technical analysis in forex trading
• Importance of price action and historical data
• Basic principles and assumptions of technical analysis
1.5+ Minutes read to complete
Here we will cover:
• Understanding various chart types (line, bar, candlestick)
•The significance of time frames in technical analysis
• Selecting appropriate time frames for trading
1.5+ Minutes read to complete
Here we will cover:
• Identifying key support and resistance levels
• The role of psychological levels in forex trading
• Trading strategies based on support and resistance
1.5+ Minutes read to complete
Here we will cover:
• Recognizing and analyzing trends (uptrend, downtrend, sideways)
• Common trend indicators (moving averages, RSI, MACD)
• Using trend indicators to enhance trading decisions
1.5+ Minutes read to complete
Here we will cover:
• Introduction to popular technical trading strategies
• Combining multiple technical analysis tools for better results
• Creating a personalized trading strategy based on technical analysis
1.5+ Minutes read to complete
More Courses
BAXIA LIMITED
BAXIA GLOBAL LIMITED
Join the community
Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Baxia Markets, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing the entirety of your initial investment). You must assess and consider them carefully before making any decision about using our products or services.
Baxia Global Limited is a company registered in Seychelles with registration number: 8426970-1, and is regulated by the Financial Services Authority of Seychelles with License number: SD104.
Baxia Limited is a company registered in The Bahamas with registration number: 177330 B, and is licensed and regulated by The Securities Commission of The Bahamas (SCB), (SIA-F234).
The information on this website is general in nature and doesn’t take into account your personal objectives, financial circumstances, or needs. It is not targeted at the general public of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful or contravene regulatory requirements. Baxia Markets does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan/Republic of Sudan, Syria, Iran, Iraq, South Sudan, Venezuela, Libya, Belarus, Afghanistan, Myanmar, Russia, Crimea, Donetsk, Luhansk, Palestine, Yemen, Zimbabwe and North Korea.