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What Is a Forex Broker? A forex broker is a financial services company that provides traders access to a platform for buying and selling foreign currencies. Forex is short for foreign exchange. Transactions in the forex market are always between a pair of two different currencies.

In foreign exchange markets, a percentage in point is a unit of change in an exchange rate of a currency pair. The major currencies are traditionally priced to four decimal places, and a pip is one unit of the fourth decimal place: for dollar currencies this is to 1/100 of a cent

Leverage is the use of borrowed money (called capital) to invest in a currency, stock, or security. The concept of leverage is very common in forex trading. By borrowing money from a broker, investors can trade larger positions in a currency.

The relative strength index is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative...

In statistics, a moving average is a calculation to analyze data points by creating a series of averages of different selections of the full data set. It is also called a moving mean or rolling mean and is a type of finite impulse response filter. Variations include: simple, cumulative, or...

Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument. If the opening price is above the closing price then a filled (normally red or black) candlestick is drawn

On-balance volume (OBV) Accumulation/distribution line. Average directional index. Aroon oscillator. Moving average convergence divergence (MACD) Relative strength index (RSI) Stochastic oscillator.

You can download MT4 (free software to look at historical charts and give your analysis).