The staggering amount of 4 trillion dollars is the daily turnover in global foreign exchange market.The amount of 4 trillion dollars is used only in the Forex market. Other forms of commodity trading markets such as shares, goods, bonds etc, do not participate to the above mentioned figure.
MetaQuotes Software Corp., A worldwide leader in software platforms in currency trading, launched , the automated trading championship 2012 (Automated Trading Championship 2012) , an annual competition among trading robot, whereby anyone register as a participant and prize money of $ 80,000 can compete.
Simple analysis on USDINR EOD charts explores the chances of rupee strengthening against dollar and also the possibilites of FII inflow into the country.
For the first time in the country’s minting history, government will issue coins of Rs. 150, marking the number of years of taxation in India.
Last Night iam searching for the possibility of opening a Online Forex account. I enquired with E-Toro on their 24×7 online chatting platform about opening online trading in Forex, Commodities and World Indices.It seems that forex,commodities and World Indices Trading are possible in realtime. But the problem is they are not getting any Valid Identification proof to trade in their platform.
Download the font Rupee.ttf or the new version Rupee_Foradian.ttf. Foridan Technologies had made the first font with support for Indian currency symbol.
Chart shows the current trend for USD Index with Slope Indicators with 20(Short term),50(Medium Term),100(long Term) period. Just click on the charts to get a bigger pictutre. Slope period can be varied according to the investors requirement. Guessing the trend is very simple. 1) Trend is Positive until the Slope remains Positive 2) Trend is […]
There is a sudden cloud breakout in the dollar index weekly charts above 78 as shown in the charts. Which indicates longer term uptrend in Dollar.
This is my first simple review with USDINR using simple trendlines Daily Charts of USDINR charts shwos the recent supports near 45.82 got broken and USDINR is trading below the support zone along with sell signal from the basic MACD. Iam Expecting rupee strengthening against dollar in coming sessions with resistance zone […]
USD Yen Charts(3 Years) Source :Metatrader Forex trading Pair USDYEN had today made a intraday low of 86.30 which marks the 14 year low of dollar against yen Few Reasons why yen is appreciating : Extracted from Wiki Answers 1) Unwinding of Carry trade (all liquidity leads to Japan right now); […]
Though the short term trend of dollar is towards upwards, index is facing major hurdles near 81 and 83 levels. Also our 13,34,55 Weekly EMA strategy reminds the same. Also bearish 13/34 Weekly EMA indicates the long term bearishness is Dollar index. Possibly a crash in dollar index could occur if 81 holds which […]