(PRWEB) July 6, 2009
Forex traders and brokers can now easily view complex data analyses in a very-easy-to-read format for nearly 700 major and exotic currency pairs including pivot points, moving averages, and technical indicators for free on ForexPros.com, the Internet's top portal for the currency markets.
An example can be viewed here: http://www.forexpros.com/currencies/eur-usd-technical
For every currency pair, the new feature lets traders view three different support and resistance levels for five different pivot points, simple and exponential moving averages for six different periods, and 11 technical indicators including RSI (Relative Strength Index), Stochastics, and CCI (Commodity Channel Index). All data can be viewed for seven different periods ranging from five-minute to one-day intervals.
The website also uses the data to calculate a specific buy, remain neutral, or sell recommendation for each individual indicator and period as well as an overall recommendation incorporating all indictors and periods.
The addition of the new section makes Forexpros an invaluable tool for Forex traders working at all levels.
ForexPros offers its readers the complete guide to everything Forex-related, from hundreds of live charts with technical indicators, up-to-the-minute market news, and industry-leading analysis. Forexpros is available across 15 languages.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the buy/sell signals.