Major Currency Pairs: Forex Market
Ritu Kothiwal1, Abinaya Rajiyan2
1Dr. Ritu Kothiwal, Associate Professor, VVISM, Hyderabad (Telangana), India.
2Dr. Abinaya Rajiyan, PGDM, VVISM, Hyderabad (Telangana), India.
Manuscript received on 01 December 2019 | Revised Manuscript received on 22 December 2019 | Manuscript Published on 31 December 2019 | PP: 333-337 | Volume-8 Issue-4S3 December 2019 | Retrieval Number: D10711284S319/2019©BEIESP | DOI: 10.35940/ijrte.D1071.1284S319
Open Access | Editorial and Publishing Policies | Cite | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: To analyze the Foreign exchange market on needs to use fundamental, technical and sentimental analysis. This paper majorly focuses on technical analysis the study of charts patterns from the past data. The paper focused on the trends of the FOREX Market to predict the future price by past actions and also to determine the factors influencing the drastic changes. The paper analyzes the most highly traded currency at which time as well as the profit and loss ratio in FOREX Market trading. The analysis of currency pairs takes in view of 3 points: • Price takes into account everything • The price is a subject to a trend • History repeats itself.
Keywords: Technical Analysis, Fundamental Analysis, Sentimental Analysis, Interest Rate and Inflation Rate.
Scope of the Article: Marketing and Social Sciences