The EUR/USD (euro/ US dollar) is the most widely traded currency pair and is the relation of the euro against the US dollar. Forex Knowledge: Trading the Euro/US
The Williams’ %R indicator, invented by Larry Williams measures momentum in the forex market. The Williams’ %R indicator oscillates between -100 and 0. Readings above -20 are considered
The movements on the forex market are influenced by the discount rates and monetary operations of the US Federal Reserve System (also known as FRS) and the central
The GBP/JPY currency cross (British Pound/Japanese Yen) is the relation of the British Pound against the Japanese Yen. The GBP/JPY is extremely volatile and can easily move 200-350
A theory concerning the determination of the exchange rate is the so called theory of elasticities. According to it, the price of the foreign exchange that keeps the
The USD/CHF (US dollar/Swiss Franc) is the relation of the US dollar against the Swiss Franc. The CHF is the official currency of Switzerland and is considered a
Bollinger Bands (BB), developed by John Bollinger is referred to as an trend following indicator. The main purpose of Bollinger Bands is to determine of whether the currency
The CAD/JPY (Canadian Dollar/Japanese Yen) is the relation of the Canadian Dollar against the Japanese Yen. The CAD/JPY cross currency gives one the possibility to convert Canadian Dollar’s
Forex traders use two major employment statistics – the Employment Cost Index (ECI) and the Employment Situation Report (also known as Labor Report) – as long-term currency predictors.
Fundamental analysis studies the impact of economic, political and social factors on supply and demand. From this perspective capital flows and trade flows are considered the basic drivers
The GBP/AUD (Great British Pound/Australian Dollar) is the relation of the Great British Pound against the Australian Dollar. The GBP/AUD cross currency gives one the possibility to convert
There are several economic indicators pertaining to every industry that forex investors should be well aware about. They are as follows: Industrial Production This indicator measures the total
The CHF/JPY (Swiss Franc/Japanese Yen) is the relation of the Swiss Franc against the Japanese Yen. The CHF/JPY cross currency gives one the possibility to convert Swiss Franc’s
Consumer spending economic indicators are important to forex market traders because they indicate the consumer demand levels as well as their sentiments. Both of them provide the initial
Among the many formations of candlesticks, the doji is regarded as being the one with the highest importance. This pattern is usually found when both sellers and buyers
The EUR/CHF currency cross (Euro/Swiss Franc) is the relation of the Euro against the Swiss Franc. The EUR/CHF cross-currency gives one the possibility to convert euros directly into
The dark cloud cover pattern a type of candlestick formation that is characterized as a bearish indicator. It signifies a bearish reversal and the loss of pressure on
The descending triangle is the opposite of the ascending triangle and is considered to be a bearish continuation chart pattern in a strong down trending currency market. The
The EUR/JPY currency cross (Euro/Japanese Yen) is the relation of the Euro against the Japanese Yen. The EUR/JPY is quite volatile and can easily move 150-250 pips in
