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Major Currency Pairs: Forex Market
Author(s) -
Ritu Kothiwal
Publication year - 2019
Publication title -
international journal of recent technology and engineering (ijrte)
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.d1071.1284s319
Subject(s) - foreign exchange market , currency , profit (economics) , foreign exchange , technical analysis , economics , financial economics , business , monetary economics , microeconomics
To analyze the Foreign exchange market on needs to use fundamental, technical and sentimental analysis. This paper majorly focuses on technical analysis the study of charts patterns from the past data. The paper focused on the trends of the FOREX Market to predict the future price by past actions and also to determine the factors influencing the drastic changes. The paper analyzes the most highly traded currency at which time as well as the profit and loss ratio in FOREX Market trading. The analysis of currency pairs takes in view of 3 points: • Price takes into account everything • The price is a subject to a trend • History repeats itself.

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