Trading Glossary

Moving Average (MA)

A Moving Average (MA for short) is a technical indicator that averages a currency pair’s price over a period of time.Moving Averages are often used for market entries as well as determining possible support and resistance levels.Moving averages are highly popular among forex traders, mostly because of its simplicity.In the case of technical analysis, these data are in most cases represented by closing prices of currency pairs for a certain time period.