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In the currency markets, indicators can be important to enhance the clarity of the clues that could potentially be identified from the charts. Very basically, indicators help traders predict the direction of an underlying asset by measuring features such as momentum, patterns, trends and other factors. Some of the most commonly used indicators include the following Stochastic, Parabolic Stop and Reversal, Relative Strength Index, Moving Averages, Moving Average Convergence Divergence, Bollinger Bands.
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