Linking Price Chart Pattern
It is a fact that can not be denied is that the amount of the bid or offer in a particular currency depends on economic development of the issuer of the currency.
on before economic a country allowing more exports. Because developed countries can create more useful and valuable products that can not be produced by other countries, or could manage natural resources that could be the raw material for the production of goods. Examples of our countries are close Indonesia.Walaupun also called a developing country, but when the economy improves, domestic production has increased so that many domestic companies that export. With more and more certainly export more also receive a payment.
When this happens the export payments have increased demand on the currency. If payment of export to the rupee, importers redeem their money in rupiah first and then make the payment. Conversely, if the payment using USD (international currency) and USD received after export, the exporter will exchange rupees for the money received can be used in the country.
In other words, in exports of gasoline society in the country will increase demand for the currency. With the amount of money circulating legally remains the economic value of the rupee is rising.
In addition, try to note if you want to give money to someone to manage. Who would you give? People who are a history enthusiast and improved? or people who can not see?
I'm sure that you meet the people who have proven experience improved ..!
As for investors, they will invest their money in a country whose economy is improving. Once the capital investors in the beneficiary countries of investment, capital is repaid in the investment currency recipient country to use. Thus was born the redemption request to foreign currency investment recipient country. Due to the increasing demand of redemption if the amount of money that is still the legal economy will increase the value of currencies in countries benefiting from investments
Of the two questions below above, if deduced that will address :.
economic recovery => increased demand => increase in currency value
The same is true for Conversely :.
The economic decline => increased supply => The decline in currency values.
Progress and Economic kemunduruan it is the change of a condition of processes for better or worse. This means that
Changes in economic conditions that change the value of money
Moreover, we know that, changes in the economic conditions are calculated and presented in form of a report which is then notified to the interested parties. Penginformasian process of this change was done openly or secretly. But, essentially, the time the information was spread is called Fundamental News then widely used by many parties to make financial decisions. Decisions that create changes in demand and supply on the currency until it was changed the value of money
So if deducted again overall :.
fundamental news => Change the value of the currency.
In the foreign exchange market changes in the value of money is reflected in changes in the exchange rate chart. Changes in the exchange rate makes the table as if moving up and down
While it can be concluded that :.
Fundamental News => chart Activator
Or for motion graphics has a direction that is up and low, we can say:
fundamental News => determinants chart directions
fundamental News => determinants of ups and downs Table
the plot:
Published news => emerging demand and supply => graphics move up or down
so, in conclusion, you should know that the fundamental news that makes the graphic upwards or downwards. So its seharus to predict the direction of forex charts, which is made in the database are the contents of the fundamental news is published.
So far, you might think that the analysis to determine the direction of the graph is just fundamental analysis. So what is the use of studying chart patterns? We will discuss the matter.