Each market participants observe the movement
price of the currency through the chart. As a result
condition of the currency rate movements
influence is reflected in the chart
transaction execution decision
taken by market participants. dynamics
price movements on the chart is what
referred to as technical factors.
In its pure form analysis
see no technical background
the underlying economic and political
currency movements as a
do fundamental analysts, but
more emphasis on activities
currency movements that have been and
is happening.
Based on these data with the help
by technical indicators,
a technical analyst seeks
estimate the possibilities
movement of a currency.
Based on charts and various
technical indicators could have a
trader estimates the price at
a currency movements will reverse direction, and whether a trend that is being
there will continue to take place or
no. But when currency movements
repeatedly violate the limits
determined by technical indicators,
seoarang analysts do not have data
sufficient to explain why this
it happens. This usually occurs when
fundamental factors dominate
market movements, the boundaries
Technical become meaningless.
Selasa, 06 Desember 2011
Technical factors
