Using Relative Strength Index (RSI) in Forex Trading
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.
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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.