Kostyantyn Kondakov

How to View and Forecast the Market: Forex Fundamental Indicators

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  • Fkh chaoshas quoted6 years ago
    we can conclude that an increase in the open interest on the futures market, as a rule, indicates the preservation and enhancement of the current trend in Forex
  • Fkh chaoshas quoted6 years ago
    The dollar and gold or the dollar and oil – 90% of traders use these correlations while trading.
  • Fkh chaoshas quoted6 years ago
    rate.
    Comparing the rate of LIBOR with the key interest rates of the central banks, traders can draw conclusions about the future prospects of a currency. For example, the LIBOR rate of 1.5% with the basic interest rate of 1.25% is normal, but at 0.5% it indicates a liquidity problem in the market. At the same time, the LIBOR rate of 0.5% with 1.5% basic rate indicates excess liquidity. As a rule, the value of currencies of countries, where banks have liquidity problems, tends to fall.
  • Fkh chaoshas quoted6 years ago
    To analyse its behaviour Forex traders often use the currency pair EUR/JPY chart, which often moves in the same direction as the CHF/JPY, but does it a little faster. That is why beginners make use of this time to make a transaction, and they are very often successful.
  • Fkh chaoshas quoted6 years ago
    a strong correlation between the AUD rates and the price of gold. The same is true of the New Zealand dollar.
  • Fkh chaoshas quoted6 years ago
    So the 10-year US-German spread works quite reliably. The trend in this case is usually more important than the absolute values.
  • Aries Soelistyohas quoted9 years ago
    every first Friday of the month at the time of the publication of this report, exchange rates make fairly large fluctuations within literally a few seconds
  • Aries Soelistyohas quoted9 years ago
    No other economic indicator, including data on GDP, has such a strong impact on the currency market as information on the labour market.
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