What charts or global cues do you follow while trading currency pairs in India?
Like many would follow DXY.
Forex market is the largest market in the world, with average volumes exceeding $5 trillion a day. It is a highly liquid market, wherein one currency is bought by selling another currency either at the current price or at a predetermined price. Forex market is an extremely important market in today’s world, because it facilitates the functioning of the global trade. In this module, we will talk about the various aspects of the Forex market. We will introduce the Forex market and talk about its evolution. We will talk about things such as various currencies that are traded around the world, various instruments that are available to trade, factors that impact the Forex market, types of exchange rates, and about the Indian FX market. This module will give the reader a thorough understanding of how the global and the Indian Forex market works and how to trade in the Forex markets.
What charts or global cues do you follow while trading currency pairs in India?
Like many would follow DXY.
This is a very brief chapter wherein we will talk about things such as Market timing (global and domestic), key trading hours (global and domestic), and list of Indian market holidays pertaining to the currency segment.