First, discover the fluctuation trend of foreign exchange.

One of the most important purposes of foreign exchange technical analysis is to discover the fluctuation trend of exchange rate in foreign exchange market. Trend is the most important basis for successful trading. Only those who find the trend and operate according to it can make a profit in the foreign exchange market. An important judgment for investors to get an introduction to foreign exchange trading is whether they can find the fluctuation trend of exchange rate from the technical analysis of foreign exchange.

Second, find the support level and resistance level of exchange rate fluctuations.

The so-called support level and resistance level are the points that support or suppress the decline and rise of the exchange rate during the fluctuation process. The discovery of support points and resistance points is very important for a transaction, which is directly related to the setting of trading points for investors. If we analyze foreign exchange technology, we can find the key support level and resistance level through various technical indicators. Investors who have just started foreign exchange trading can refer to the support level and resistance level of others to operate.

Thirdly, the analysis of moving average.

The main purpose of foreign exchange technical analysis is to find the fluctuation trend of exchange rate, and the moving average is absolutely of great reference value for finding the trend. The moving average is the average price of the exchange rate in a certain period. Then, according to the simultaneous time measurement, a line is formed by averaging, which is the moving average line. Moving average plays a very important role in the discovery of foreign exchange fluctuation trend, so moving average analysis is essential in foreign exchange technical analysis. Moreover, investors can also learn the analysis method of moving average when they start foreign exchange trading.