The Currency Strength Index shows how major currencies perform against each other in real-time. You can see at a glance which currency is on the rise and which one is declining, thus usd jpy forecast action forex daily you valuable information about buying and selling pressure. To avoid volatility bias, Currency Strength Index is using sophisticated calculation algorithm, which makes it a reliable tool in the decision making process of every trader. The Currency Strength Index is calculated in real-time, on every tick.
The calculations are based on the 1 minute time frame. The colored indicator bars and percentage values for each currency are updated automatically every 5 seconds. It is relatively easy to find articles about trading systems that achieve positive long term historical results on highly liquid Forex pairs. However this becomes more difficult as we move to more exotic pairs since trading costs generally make the development of profitable trading systems for these symbols harder. The entry and exit rules are shown below. Traders who cannot make forecasts themselves are recommended to refer to this information on our site.
USD’s upside correction is approaching the 1. A close back below the 20 day ma at 1. USD tumbles to lows near 1. 1760The pair prints fresh daily lows in the 1. The greenback picks up pace and pushed DXY to 93. After recording fresh YTD tops, the greenback eases some ground. 1900 on weak US PPIThe pair gains extra ground on lower-than-expected US PPI.
The greenback drops to lows in sub-93. 2150 as USD eases-off three-month tops. ECB decision to provide fresh direction to the common currency. USD drops furtherEUR weakness accelerates and drags the pair to lows near 1. USD firmer, tests and surpasses the critical 90.
USD clinches fresh tops near 1. 2370Further USD-weakness is propping up the bull run to 1. DXY threatens to re-visit recent lows in the 89. US Dollar pushes higher near 90.