LOGIN TO YOUR ACCOUNT

Login>>
 

-: Graphs :-

-: Infobox :-

The international currency market FOREX appeared at the early 70th of the XX century as a result of origin of the system of floating courses of national currencies (since March 1973). Importers and exporters and bank structures connected with them were forced to become the regular participants of currency market, as the changes of courses of currencies showed their financial performances both with positive and from a negative side... read more >>

Technical analysis

From the early times as the trade of actions and commodities started, merchants and investors marked tendencies (trends) and models in the conduct of prices in time. Market participants use the graphs and analytical instruments for determination of changes in demand and supply. It helps to predict prices and formulate auction strategies for all financial markets. The technical analysis is the method of prediction of changes of price and future trends of market by the study of the graphs of historical changes at the market. Technical analysis has the strong and weak sides.

Strong sides:

- this method can be used for the wide circle of instruments practically at any market;

- the graphs can be used for the analysis for period of time from one hour (and less) up to the century.

Weak sides:

- there is the element of subjectivity in every technical analysis, therefore even an experimental analyst can appear in instance where divergence with reality will happen. For an inaccurate analyst it's very easy to see that he wants, instead of what takes place in fact;

- such a method shows the degree of probability of what can happen, but does not assert that it will happen certainly.

The instruments of technical analysis give a wider ability to determine the future activity on the market. This can help to make proper decisions for opening or closing contracts on the FOREX market.

-: News :-

01// As well as any market, FOREX has the participants: they are persons accomplishing transactions and intermediary operations. Central banks take part as members. The management by currency backlogs, conducting of currency interventions having influence on the level of exchange rate, is included in their function, and also adjusting of level of interest rates on the investments in national currency.

02// International corporations, carrying out foreign trade operations, companies participating in international trade is steady demand produced on foreign currency (in part of importers) and suggestion of currency (exporters), and also placed and attracted free currency tailings in short-term deposits. Thus these organizations of direct access to the currency market, as a rule, do not have and conduct conversion and deposit operations through commercial banks.

03// Functioning of currency markets is not halted not even for a minute. In calendar days they start working at Far East, in New Zealand (Wellington), passing time zones consistently - in Sidney, Tokyo, Hong Kong, Singapore, Moscow, Frankfurt-on-Mein, London and finishing day in New York and Los Angeles. Counting out of time zones is conducted from a zero-meridian passing through Greenwich (suburb of London), and time carries the name of world or GMT - Greenwich Mean Time.

all news >>
Google
Web http://www.forwebroker.com