For understanding forex market various tools have been developed which helps the forex trader to predict the next move and make calculated investments. One way to predict the next market movement is through various forex indicators. In forex there are many forex indicators which have been developed over a passage of time. Some of them are simple while others are complicated indicators which require certain skills for its correct application. Many critics believe that such indicators should not be used as they give predictions which are based on previous market experience. Critics believe that, it is not necessary that past events may happen in the same way in the future and thus it should be best avoided. It is also important for all traders to understand that these indicators can be misleading at times too. Many indicators give signals which are confusing and late in timings. Timing is very important in forex as late signals would be useless because the trade opportunity till that time would have gone. Precision and timings are too most important features of any indicator and if the indicator is not performing these too functions properly, than that indicator is good for nothing. Although it is impossible for any indicator to give accurate information all the time, yet the percentage of wrong signals should be at minimum. There are lots of indicators which are quiet good in predicting the next market move. These are simple indicators which are used by forex traders all across the world. One of such indicator is the moving average indicator which is calculated by adding the closing price of a currency pair for a certain number time period. The result is then divided by the time period in order to get an average price. This helps the trader to have a rough idea about the currency price and can make a trade if there are pricing discrepancies. Another popular indicator is the exponential moving average indicator which is quiet similar to moving average indicator, the only difference in this indicator is that more importance is given to the latest price and time data. Both these indicators help the trader to predict the market trend. MACD is also a popular indicator among the trading community. It is popularly known as MACD and some traders consider this indicator far better than the moving average indicators. Besides the above mentioned indicators there are many other indicators which are used by different traders as per their convenience. Some of the other common indicators are RSI, Chart patterns, Trend lines and many more. forex Indicators, MACD, RSI, Forex trading