Online forex technical analysis factually deals with forecasts: it examines the past market data and configures future price movements. Market moves have proven to repeat themselves, and they do it in an anticipated, predictable manner. Hence, signals are patterns formed by price movements. Technical analysis deals with current market signals, trying to decipher them based on the past market signals. There are lots of forex technical analysis books and forex technical analysis software that help the analysts do this job. Forex technical analysis indicators prove that price fluctuations follow certain objective laws.
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