Introduction to foreign exchange trading how to judge the rise and fall of the exchange rate
Introduction to forexbrokerrebateprogram forex broker rebate program trading: how to judge the rise forexrebatebest fall of the exchange cashback forex? In the process of foreign exchange trading, the exchange rate is a very key concept, because the exchange rate is directly related to the transaction of many novices in the speculation of foreign exchange do not know how to correctly judge the exchange rate up and down and this is often an important means to lead to everyone to judge the foreign exchange market situation, which to a certain extent requires investors to master the relevant technical means of analysis below I will teach you how to judge the foreign exchange rate up and down in the application of In the direct and indirect markup method is not essentially different, but the markup of the opposite form, the value of the reciprocal reciprocal only due to the use of customary and other reasons, the international foreign exchange market against the U.S. autorebateforex exchange rate using the indirect markup method are mainly pounds, euros, Australian dollars and New Zealand dollars, most other currencies against the U.S. dollar exchange rate are using the direct markup method many of the foreign exchange contact less friends in the encounter foreign exchange offer For example, the dollar to yen exchange rate from 130 to 134, can understand that this is called the dollar rose or yen fell, but encountered the euro to dollar exchange rate from 0.90 to 0.88 but do not understand why the value from large to small, but we call this the euro fell or dollar rose actually this is due to the international foreign exchange market two marking method ( That is, the direct method and the indirect method) caused by the direct method is a certain amount of a particular foreign currency as the standard, converted into a relative number of other currencies of the markup method direct method of marking the number of specific foreign currency remains unchanged, while other currencies change accordingly, such as: 1 U.S. dollar = 1.5960 Canadian dollars into 1 U.S. dollar = 1.6050 Canadian dollars, because the dollar as a specific currency quantity When the exchange rate of US dollar to Canadian dollar changes to 1 US dollar = 1.58 Canadian dollar, it means that the US dollar depreciates and the Canadian dollar appreciates. The quantity of other currencies remains unchanged, while the quantity of the specific foreign currency changes accordingly, such as: 1 pound = 1.4550 U.S. dollars to 1 pound = 1.4630 U.S. dollars, because the dollar as a specific currency, its quantity increases, the value of the pound remains unchanged, then the dollar depreciates and the pound appreciates when the exchange rate of the pound against the dollar to 1 pound = 1.4450 U.S. dollars, then the dollar appreciates and the pound depreciates in the application of direct The markup method and the indirect markup method is not essentially different, only the opposite form of markup, the value of the reciprocal reciprocal only because of the use of customary and other reasons, the international foreign exchange market against the U.S. dollar exchange rate using the indirect markup method are mainly the British pound, the euro, the Australian dollar and the New Zealand dollar, most other currencies against the U.S. dollar exchange rate are using the direct markup method Now you know how to judge the decline or rise of the exchange rate? Actively learn these good judgment skills it believe you will be successful!