Retail market maker

Despite the fact that this type of broker represents most brokers on the market, they do not provide the same services and access to the market. A lot of traders chose this type and is also suitable for beginning traders. Nevertheless, one most be aware of the provided services. In the United States and most other countries, this type of broker is legal.

Relative Strength Index

The Relative Strength Index (RSI) is designed to measure a market's recent gains vs. its recent losses in an attempt to show the relative strength of a trend. Essentially, the RSI plots a line on a scale from 1 to 100. Generally, most analysts consider the market to be overbought when the RSI reaches above 70 or oversold when it drops below 30.
One of the easiest ways to use the RSI is to identify potential reversal points. In the EUR/USD example above, the RSI moved above the 70 mark on April 5, followed by a long selloff until April 9, when it just touched the 30 mark. The market then reversed again, moving up until April 13, when it again moved the RSI above 70, reversing once more.
As always, no indicator is correct 100 percent of the time. The RSI is best used in conjunction with other forms of technical and/or fundamental analysis to confirm or enhance its findings.

leverage fx

Absolutely. We teach in our classes clusters of Support/Resistance including Fib clusters you're referring to ( Fib Retracements and Targets) + Previous Days/Weeks/Months highs & lows, & Weekly / Monthly Pivots. A cluster for those who don't know is when MULTIPLE areas of support/resistance are within a tight 10 to 30 pip area or zone. Markets typically reverse at these.In fact we do this multi time frame analysis each day for all of our mentor students and the ZONES show up on the charts.