Forex Exchange

This short introduction explains the basics of trading Forex online, a brief explanation of the markets and the major benefits of trading Forex online. There are also two scenarios describing the implications of trading in a bear as well as a bull market to better acquaint you with some of the risks and opportunities of the largest and most liquid market in the world.
As an additional aid for those who are new to Forex, there is also a glossary at the bottom of this text which explains some of the terms used in connection with currency trading.

GBP/USD

1.5467 - 1.5471

Day -0.03% H 1.5499 L 1.5462

S3	S2	S1	R1	R2	R3
1.5445	1.5454	1.5463	1.5481	1.5490	1.5500

[?]Trend Index	[?]OB/OS Index
Neutral	Neutral
Data updated on May 20 at 02:10 (15-minute timeframe)

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TECHNICAL STUDIES

Pivot Points

	S3	S2	S1	Pivot	R1	R2	R3
Classic	1.5104	1.5199	1.5335	1.543	1.5566	1.5661	1.5797
Camarilla	1.5408	1.543	1.5451	1.543	1.5493	1.5514	1.5536
Data updated on May 19 at 23:59 (end of day)

Moving Averages

	EMA5	EMA10	EMA20	EMA50	SMA100	SMA200
Value	1.5478	1.5479	1.5481	1.5475	1.5447	1.5349
BIAS	Sell	Sell	Sell	Buy	Buy	Buy
Data updated on May 20 at 02:10 (15-minute timeframe)

Technicals

	RSI(14)	STOCH(13,3,3)	MACD(25,9)	ADX(14)	CCI(14)	ATR(14)
Value	47.0504	34.7339	0.0001	16.2528	-90.2076	0.0017
BIAS	Neutral	Neutral	Buy	Neutral	Sell	More Volatility
Data updated on May 20 at 02:10 (15-minute timeframe)

Candlestick Watch

	Doji	Piercing Line	Dark Cloud Cover	Engulfing Bullish	Engulfing Bearish	Evening Star	Morning Star	Shooting Star	Hammer	Harami Bullish	Harami Bearish
Value