Mcx Live Chart :
Get Live Multi Commodity Exchange of India stock market chart. Free MCX India Historic charts.
Not only are moving averages used as directional indicators in the forex market, many funds and speculators have used them for other purposes, including key resistance and support levels as well as for spotting turnarounds in the market. These situations offer plenty of profit and trading opportunities for the FX trader, but picking out these situations takes patience. Let’s take a look at how a forex trader can use moving averages to profit in the currency markets.