Moving average

A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and other types of financial data. They are used as a way to identify trends and make buy and sell decisions. For example, if a currency pair is above its 200-day moving average, it is considered to be in an uptrend, and if it is below its 200-day moving average, it is considered to be in a downtrend. Additionally, when a short term moving average crosses above a long term moving average, it is considered a bullish signal, suggesting that the currency pair is likely to rise, and vice versa.Popular moving averages in currency trading include the:200-day moving average100-day moving average50 or 55-day moving average21-day moving averageMoving averages are also used in monthly, weekly and hourly periods in technical analysis and a 200 day moving average might be referred to as the 200 DMA or the 200 day MA.
A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and other types of financial data. They are used as a way to identify trends and make buy and sell decisions. For example, if a currency pair is above its 200-day moving average, it is considered to be in an uptrend, and if it is below its 200-day moving average, it is considered to be in a downtrend. Additionally, when a short term moving average crosses above a long term moving average, it is considered a bullish signal, suggesting that the currency pair is likely to rise, and vice versa.Popular moving averages in currency trading include the:200-day moving average100-day moving average50 or 55-day moving average21-day moving averageMoving averages are also used in monthly, weekly and hourly periods in technical analysis and a 200 day moving average might be referred to as the 200 DMA or the 200 day MA.

A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).

In financial markets, moving averages are often used to analyze stock prices, exchange rates, and other types of financial data. They are used as a way to identify trends and make buy and sell decisions. For example, if a currency pair is above its 200-day moving average, it is considered to be in an uptrend, and if it is below its 200-day moving average, it is considered to be in a downtrend. Additionally, when a short term moving average crosses above a long term moving average, it is considered a bullish signal, suggesting that the currency pair is likely to rise, and vice versa.

Popular moving averages in currency trading include the:

  • 200-day moving average
  • 100-day moving average
  • 50 or 55-day moving average
  • 21-day moving average

Moving averages are also used in monthly, weekly and hourly periods in technical analysis and a 200 day moving average might be referred to as the 200 DMA or the 200 day MA.

Technical Analysis

EURUSD moves to new lows. EURJPY helping the downside momentum.

EURUSD

EURUSD moves to new lows. EURJPY helping the downside momentum.

  • EURUSD and EURJPY tumble.
Greg Michalowski
Greg Michalowski
Thursday, 27/07/2023 | 19:48 GMT-0
27/07/2023 | 19:48 GMT-0
Technical Analysis

AUDUSD is down testing a key support target area. What defines that area?

audusd

AUDUSD is down testing a key support target area. What defines that area?

  • The AUDUSD moves lower to test key support targets
Greg Michalowski
Greg Michalowski
Thursday, 27/07/2023 | 14:50 GMT-0
27/07/2023 | 14:50 GMT-0
Technical Analysis

USDJPY trades between the 100/200 hour MA ahead of the Fed decision today

USDJPY

USDJPY trades between the 100/200 hour MA ahead of the Fed decision today

  • Move outside the MAs will determine more bullish or more bearish for the pair after the FOMC rate decision
Greg Michalowski
Greg Michalowski
Wednesday, 26/07/2023 | 13:27 GMT-0
26/07/2023 | 13:27 GMT-0
Technical Analysis

The EURUSD is hanging above and below the 50% midpoint of the July range ahead of the Fed

EURUSD

The EURUSD is hanging above and below the 50% midpoint of the July range ahead of the Fed

  • Not a bad place to be before the next shove
Greg Michalowski
Greg Michalowski
Wednesday, 26/07/2023 | 12:57 GMT-0
26/07/2023 | 12:57 GMT-0
Technical Analysis

The EURUSD holds near the low from yesterday and ahead of 38.2% retracement target.

EURUSD

The EURUSD holds near the low from yesterday and ahead of 38.2% retracement target.

  • The EURUSD 38.2% retracement of the move up from the July low comes in at 1.1106. That and 1.1095 is support for the pair going forward.
Greg Michalowski
Greg Michalowski
Friday, 21/07/2023 | 13:33 GMT-0
21/07/2023 | 13:33 GMT-0
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