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Random article: NAUFOR National Association of Securities Market Participants
Russian National Association of Securities Market Participants (NAUFOR) currently undertakes an active part in elaborating suggestions related to Forex regulation in Russia. Russian National Association of Securities Market Participants (NAUFOR) is a Russian Self-regulatory organization including companies with licenses of a professional participant of securities market or management company. History of this regulating body contains several stages. In 1994 year 15 companies having top positions on stock exchange market united within framework of Professional Association of Securities Market Participants setting its main goal in introducing unified rules of processing finance documents and supporting information openness in financial sphere. On November 30th of 1995 year Russian Self-regulatory organization was declared, whereas June, 21, 1996 is considered its official date of registration. By the moment Federal Financial Markets Service and NAUFOR represent an example of 2-level structure purposed to regulate financial market, which can be employed for the Forex market.
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Popular article: Basics of Technical Analysis
By technical analysis we should basically understand employment of price chart (and results of its math interpretation) for further market and price forecast. Technical analysis rests upon repeated nature of market and implies that ups and downs of currency quotations on charts are rotated according to certain time periods. An advantage of technical analysis is its universal application: with its help one can research any financial contract for any period of time. The market accounts for everything. That means that any event, which could affect price behavior is already accounted by market and is reflected on the price chart. This proposition means that all factors impacting the price will be definitely reflected in its behavior, therefore, it is required to monitor quote graph.
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CGPI Japan Corporate Goods Price Index
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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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