Forex encyclopedia

Technical analysis of the Forex market, along with fundamental analysis, is one of major methods of price movement analysis and forecasting methods for price behavior in the future. Analysis is built on the work with price chart as well as with its mathematical interpretation. Main advantage of technical analysis is its universality: with the help of one and the same tools and methods one car research any currency pairs on any historical time-frame.
Producer price index (PPI) embraces all stages of production starting from commodities and ending with retail. To measure index, change in price for about 3450 kinds of goods at various stages of production is analyzed. The closest attention is paid to the price for final good, because it gives the most probable price for goods that are ready for sale. Wholesale prices are taken into account. Measurement does not take into account import goods and services, but accounts for the cost of import commodities and component kits.
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Forex encyclopedia
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