USD / JPY which stands for the US dollar / Japanese Yen is said to be the one and only major forex currency pair having an Asian currency. Japan has an export-driven economy from a very long time in history. The Bank of Japan acts as a central figure which plays an active role in […]
The abbreviation USD / CHF stands for the currency pair of United States Dollars and Swiss Franc. It can also be explained as the cross for currencies of United States and that of Switzerland. The value of the currency pair of U.S. Dollar and Swiss Franc indicate that how many units of Swiss Franc are […]
The trading of currency in the Foreign Exchange (Forex) markets usually takes place in pairs. The notations of the currencies in a single pair indicate the price at which the currencies can be traded in the market. The ABC / XYZ format is used to represent the notion of the Forex Pairs. In this symbolization, […]
Currency pair means exchange rate of any two currencies in regard to each other. This means comparing the value of one currency with another. All currencies are traded in pairs. Some of the examples of currency pairs include USD / CHF, USD / JPY, EUR / USD and many more.
What is currency pairs? Foreign exchange is the trading of different currencies existing in the world. It is the world’s least regulated and largest market which provides maximum liquidity to the investors. Trading in the Forex market is always carried out in the form of pairs known as Currency Pairs. In this, a trader buys […]
What is forex pairs? Two different currencies having different exchange rates are traded together in the forex retail market. Basically, all trades in forex retail market involve buying the currency of one kind and selling the currency of another simultaneously. The currency pair can be considered as one unit.
Investors use mainly four kinds of charts depending on their skills and the information they are seeking. The different chart types which are used in technical analysis are line chart, candlestick chart, bar chart and point and figure chart.
Trend is the most important concept in technical analysis. A trend is the direction in which the market or a security is headed. The movement of high and low price movements constitutes the trend. For example, uptrend means series of higher lows and higher highs. On the other hand, downtrend means series of lower highs […]
The calculations based on volume and price of a security used to measure things like money flow, volatility, momentum and trends are known as Indicators. They are used as secondary measure for calculating actual price movements as well as for adding any extra information with the security analysis.
What is technical analysis? Technical analysis is used to predict the future movement of prices through examination of the past market data. Technical analysis is used by most of the traders to obtain an insight into the history of an investment’s prices. All traders, even those who are not experts in Forex trading always consult […]