Forex Indicators

Forex indicators can be used for both fundamental and technical analysis, however their use for technical analysis is more substantial. There are thousands of technical indicators, and there new indicators are created every day. The fundamental technical indicator is the exchange rate, all other indicators are in some way based off of the exchange rate.

The exchange rate is a base for most technical indicators, the trend is the second key technical component. Trend based indicators are usually either categorized into trending or non-trending (or oscillating). Support and resistance gives the feedback required to formulate a trending or oscillating technical indicator.

The most common fundamental indicators, that can also be used in a technical indicator, are listed below.

  • Gross Domestic Product (GDP)
  • Retail Sales
  • Industrial Production
  • Consumer Price Index
  • Balance of Payments
  • Interest Rates
  • International Trade
  • Durable Goods Orders
  • Current Account Balance
  • Employment Cost Index
  • Jobless Claims
  • Non-Farm Payrolls
  • PMI Index
  • Producer Price Index
  • Payroll Employment
  • Housing Starts and Building Permits

 

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