Forex Training Videos

Using Relative Strength Index (RSI) in Forex Trading

Video Summary

Considered one of the most reliable indicators for evaluating the strength of the current trend, the Relative Strength Index reacts to each new price and determines the likelihood of the trend continuing. To do this, the RSI calculates a strength value as each new price becomes available and plots this value on the RSI scale from where you can see if the trend is gaining or losing momentum.

Leveraged trading carries a high degree of risk and may not be suitable for all - You can lose more than you invest. Seek independent advice if necessary and carefully consider your financial objectives, level of experience, and appetite for risk prior to entering this market. Most importantly, do not invest money that you are not in a position to lose.

This presentation is for general information purposes only and does not take into account your personal circumstances. It is not investment advice or an inducement to trade. Examples shown are for illustrative purposes only and may not reflect current prices, offers, or products from OANDA.

You are solely responsible for determining whether trading or entering into a particular transaction are suitable for you and for seeking professional advice.

Contracts for Difference (CFDs) are not available to residents of the United States.


Forex Training Videos

Trade smarter

Make better trading decisions. Explore the volatile and exciting world of currency trading with tutorials and other resources.

Stay informed

Keep up with the ever-changing forex market. Read daily news and analysis from our team of economists and currency strategists.

Demo forex account

Try under real market conditions, before you commit. Start with a 100,000-unit forex demo account. It's free and never expires.

This is for general information purposes only - Examples shown are for illustrative purposes and may not reflect current prices from OANDA. It is not investment advice or an inducement to trade. Past history is not an indication of future performance.

Trading FX and/or CFDs on margin is high risk and not suitable for everyone. Losses can exceed investment.