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Random article: Forex Market Trading Hours
The main feature of global Forex market is that there is no centralized ground for holding trades as it for example takes place in stock market. All market players (banks, investment funds, hedge funds, insurance companies, brokers etc.) work in different time zones around the globe. As the result, rate fluctuation keep going all the time. Official time of market operation is 24 hours, 5 days a week from 8 p.m on Sunday till 11 p.m of Friday (UTC/GMT). Exception is state holidays when all financial bodies are out of duty. On holidays Forex market works unofficially as well but because of the low liquidity and activity volumes, it is rather hard to find liquidity suppliers on the market. During that time all financial operations take place between various financial entities, banks and more often upon urgent issues.
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Popular article: Ichimoku Indicator
Ichimoku Kinko Hyo Indicator is the trading technical indicator elaborated in 1930 by Japanese analyst Goichi Hosoda under alias name Ichimoku Sanjin, who monitored movement of Japanese index Nikkei. Ichimoku Indicator is purposed for finding out a trend, resistance and support line, and for generating purchase/ sell alerts.
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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