Edit Your Comment
strength of currencies
Členom od Nov 24, 2020
1 príspevkov
Nov 24, 2020 at 13:41
Členom od Nov 24, 2020
1 príspevkov
how do i know the strong and weak currencies please?
Členom od Jun 23, 2020
34 príspevkov
Nov 27, 2020 at 10:08
Členom od Jun 23, 2020
34 príspevkov
You can check out a currency strength meter to see where a particular currency stands.
Členom od Aug 17, 2020
123 príspevkov
Nov 27, 2020 at 11:24
Členom od Aug 17, 2020
123 príspevkov
Currency indexes are useful tools for measuring the strength of currencies.
But there is usually no objective answer to whether a currency is weak or strong, it's very relative as currencies are traded in pairs. Something worth considering is their liquidity. There are major, minor and exotic currency pairs; major and minor pairs are more liquid.
But there is usually no objective answer to whether a currency is weak or strong, it's very relative as currencies are traded in pairs. Something worth considering is their liquidity. There are major, minor and exotic currency pairs; major and minor pairs are more liquid.
Členom od Mar 17, 2021
536 príspevkov
Jul 04, 2021 at 09:02
Členom od Mar 17, 2021
536 príspevkov
davidkew posted:Thanks for the advice.
You can check out a currency strength meter to see where a particular currency stands.
Členom od Jul 23, 2020
869 príspevkov
Jul 09, 2021 at 09:12
Členom od Jul 23, 2020
869 príspevkov
Currency strength meter is the best way to find currency strength.
Členom od Jun 15, 2021
16 príspevkov
Jul 27, 2021 at 05:11
Členom od Jun 15, 2021
16 príspevkov
Currency strength meter is the best way to find currency strength.
A currency strength meter is always useful to look for the best pairs
A currency strength meter is always useful to look for the best pairs
Členom od Mar 28, 2021
617 príspevkov
Aug 03, 2021 at 16:31
Členom od Mar 28, 2021
617 príspevkov
Every pair has its own specific characteristics. You have to find out your own trading edge. Only you know what you understand the most. Learning is a long term tadious process. Everyone has to go through it if they want to make consistent money in forex trading.
Členom od Jul 07, 2021
41 príspevkov
Aug 04, 2021 at 05:01
Členom od Jul 07, 2021
41 príspevkov
Each currency pair is different, and it is up to you to find what seems to be a strong pair or not. There are tools you could use such as the currency strength meter.
Členom od Jul 23, 2020
759 príspevkov
Sep 01, 2021 at 21:56
Členom od Jul 23, 2020
759 príspevkov
Many currency strengths meters give you a quick visual guide to which currencies are currently strong, and which ones are weak.
Členom od Mar 17, 2021
536 príspevkov
Sep 03, 2021 at 08:48
Členom od Mar 17, 2021
536 príspevkov
SofieAndreasen posted:Is it good to use currency strength meter?
Many currency strengths meters give you a quick visual guide to which currencies are currently strong, and which ones are weak.
Členom od Nov 02, 2021
73 príspevkov
Nov 29, 2021 at 05:48
Členom od Nov 02, 2021
73 príspevkov
The strength of a particular currency depends on numerous economic factors, but the quality of a currency's growth prospects is usually the most significant. Traders should have sound knowledge about the economic and political state of the country whose currency they are dealing with.
Členom od Nov 03, 2021
53 príspevkov
Dec 01, 2021 at 05:34
Členom od Nov 03, 2021
53 príspevkov
There are mainly three factors which determine the strength of the currencies:
1. Inflation: Higher inflation in a country means the national currency is losing its value.
2. Economic stability: If the government is economically stable and well established, it attracts more investors. More demand means more supply which also increases the value of the currency.
3. Interest rates: Higher interest rates also indicate high value of the currency.
1. Inflation: Higher inflation in a country means the national currency is losing its value.
2. Economic stability: If the government is economically stable and well established, it attracts more investors. More demand means more supply which also increases the value of the currency.
3. Interest rates: Higher interest rates also indicate high value of the currency.
Členom od Mar 28, 2021
617 príspevkov
Jul 26, 2022 at 13:30
Členom od Mar 28, 2021
617 príspevkov
Traders should keep their attempt running to develop themselves every moment. A cogent effort should be given to turn every day a profitable day and traders who are perseverant can only do that.
Členom od Apr 09, 2019
538 príspevkov
Aug 24, 2022 at 08:13
Členom od Apr 09, 2019
538 príspevkov
The dollar is the king in the currency markets. I recommend looking at the US dollar index and see how it moves vs EURUSD. You will see a near perfect reverse correlation. From there you can look for times it doesn't match up as these can be powerful signals for the moves to come and allow for early entries.
If you can't spot the liquidity then you are the liquidity.
*Komerčné použitie a spam nebudú tolerované a môžu viesť k zrušeniu účtu.
Tip: Uverejnením adresy URL obrázku /služby YouTube sa automaticky vloží do vášho príspevku!
Tip: Zadajte znak @, aby ste automaticky vyplnili meno používateľa, ktorý sa zúčastňuje tejto diskusie.