Forex Indicators

Japanese candlesticks are one of the types of exchange indicators in Forex and, at the same time, the name of the interval chart on which they are built.

Recently, trading on the Forex market has become a very popular activity. In the pursuit of quick profits, thousands of people are trying their hand at currency speculation, hundreds of companies offer their trading education services, promising that after a month’s exchange rate you will learn to trade steadily and profitably.

Direct and inverse correlation of currency pairs is an important element of Forex trading. It is built within the framework of interconnection of statistical indicators of different trading instruments, obtained on the basis of influence of fundamental market factors.

Among traders in the Forex market, trading in short time intervals, all types of which are united by a common concept of scalping or scalping, has become widespread.

Indicators of changing the direction of exchange rates in the foreign exchange markets is one of the main analytical tools used in the course of forecasting the Forex market.