FxPro Help Centre - Glossary

Exponential Moving Average (EMA)

Exponential moving averages trace an asset’s average price over a pre-set number of periods while placing greater weight on the most recent data when compared to simple moving averages (SMA). As a result, EMAs react faster to changes in price than SMAs do. Two of the most popular EMAs in technical analysis are the 12-period and 26-period moving averages.