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Find Out All About Forex Trading
Relative strength index (RSI) is a popular oscillator that measures price momentum. It was first introduced by the legendary trader J. Welles Wilder in June of 1978 in Commodities magazine (now known as Futures), then spelled out in greater detail in his book, New Concepts in Technical Trading Systems. RSI is applicable for any charted […]
This week, coordinated central bank auctions and currency injections poured liquidity into the markets and eased pressure on commercial banks. Despite more sub-prime mortgage disasters, this week saw the return of the carry trade as investors’ fears of global recession waned.
The Australian dollar was the second best performance among the most actively traded currencies. On […]
