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In a world of constant change, we all need indicators to help us make sense of the world. Indicators can be used to measure price movements, and predict future price movements.
Easy Pivot Point provides a convenient and effective tool for traders to use as an indicator. It calculates and displays a pivot point, and support and resistance levels for each major currency pair. This makes it easy for traders to know the current level of resistance and support for a particular currency pair.
The pivot point is calculated from the average price of the major currencies in the previous trading period. This allows traders to use the pivot point as a possible indicator of the current price of the major currencies.
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