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Sunday, April 27, 2008

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The trends in price movement are another factor when using technical analysis. This means that there are patterns in the market behavior that have been known to be a contributing factor in the Forex. These patterns are usually repeating over time and can often be a consistent factor when forecasting the Forex market. Another factor that is taken into consideration when forecasting the Forex is history. There are definite patterns in the market and these are usually reliable factors. There are several charts that are taken into consideration when forecasting the Forex market using technical analysis. The five categories that are look at include indicators, number theory, waves, gaps and trends.

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Dollar Looking at a Perfect Economic Storm

Fri, 25 Apr 2008 22:34:59 -0400
- Pound Rallies Unexpectedly as Growth Cools To Three Year Low - Japanese Yen Crosses Mixed as Inflation Hits Decade High

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