Market analysis is one of the main trading tools that helps a trader to make the right decisions. In Forex, two types of analysis are used — technical and fundamental. Technical analysis of the market is determined by the price movement direction with the help of charting on the trading terminal.
A quote is an indicator of the goods value, in this case — a particular currency. Banks are virtually the only sources of currency rates or currency exchange rates in the Forex market. The other subjects of the financial sector only retransmit the data set by banks.
Liquidity is an economic indicator that shows how quickly you can sell the asset at the closest prices to the market. High liquidity shows that the product is in high demand and is easy to exchange for other assets (often for money).
PAMM-account is a trading structure that consists of one or a group of accounts, which can simultaneously engage several investors. At the same time, trade within this structure is leaded by one trader – a manager.
Price is a monetary expression of the goods. The prospect of its changes is a fundamental factor in the decision to purchase or sell financial instruments in Forex. If there are prerequisites for the growth rates of different currencies, it is advisable to buy it.
Technical analysis is a method of predicting changes in the price of a particular currency, which is based on the study of the market dynamics in the past. This method allows us to calculate the most favorable time for entering the market and concluding trade deals.