There isn't much to say about sideway trends, except that they are trend stages in between uptrends and downtrends. Sideway trends usually do not tell much about the currency situation, even though they can hint on a nearing reversal in the trend direction. These are Forex trading trends that are less frequent but still give important information for the online trader.
Now that you've learned all there is to know about Forex trading trends, go on and see how you can use it in the actual Forex trading market.
Popular Posts
-
The Yen rose against major currencies for second day in a row against European currencies. USD/JPY fell for third consecutive day. Today rea...
-
The U.S. dollar continued to gain today after the yesterday’s rather significant rally as the speculations that the world’s biggest economy ...
-
Australian Dollar has appreciated further on Tuesday’s European session, and the pair has risen from levels around 0.7400 to 0.7475; 7-month...
-
American Dollar 1 USD in USD Argentine Peso 4.47506 0.223461 Australian Dollar 0.937147 ...
-
The ECI is an important Forex employment indicator, and is published in a quarterly report from the U.S. Department of Labor. It measures t... -
WASHINGTON -- A trio of reports Friday suggested the economy, while still sick, is healing a little. Consumer sentiment, for instance, got b...
No comments:
Post a Comment