Forex Technical Analysis

Forex Technical Charts

Forex Technical Charts is the first part of the Daily Trade Routine. You will need to open and use the Refinitive Xenith application to identify the trend and entry levels of a currency pair. Once the trends are identified and updated you will know if you are a buyer or seller of a particular currency and after you have identified the fundamental driver you will be able to use the trendlines for your entry level. Trendlines are the ‘primary’ entry level however you may use your favorite indicator such as horizontal support and resistance, Fibonacci as an example as an ‘entry level enhancer’ but should not be used as a primary entry tool.

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