Forex encyclopedia

Random article: Aroon indicator
Aroon indicator was elaborated by a trader Tushar S. Chande in 1995. This economic indicator allows to forecast changes in prices, direction and force of a trend. This figure is used to determine if Forex trend fades and to forecast its further change or continuation. The sole figure required for calculation of Aroon indicator is the number of time periods. Aroon indicator is represented by two lines : Aroon(up) and Aroon(down).
Popular article: Business Inventories
Gradual increase in the number of produced goods, component kits and semi-products in warehouses can implicitly tell about stagnancy. Publishing of this figure slightly impacts the Forex market. Nevertheless, upon steady tendency in its dynamics the currency is pressed which leads to drop down of the rate. This figure is published in the middle of every month at 08:30 EST (New York).
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