Dynamics of exchange rates in the Forex market
Current economic information is one of the leading aspects of successful trading in the market.
The second no less important factor necessary for effective trading is the technical analysis of
the exchange rate fluctuations, on the basis of which the Forex forecasts are formed. Forex
trading strategies, which you can use for your operations, are formed on the basis of current
economic information and technical analysis data.
Some popular trading strategies are an algorithm of actions-reactions of a trader to the
achievement of certain market indicators by a certain currency. By combining trading strategies
and forecasts, you can develop your own Forex trading strategy.