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Random article: Patterns of technical analysis
Triangle is one of the most popular patterns of technical analysis, which is related to three models of trend's continuation. There are three types of triangles: ascending, descending and symmetrical triangle. Each model has its geometry, direction and other features. There is also the 4th type of triangle - expanding triangle. This graphical pattern is rather rare and is not recommended to apply in trading. Why is it so? We will know just below.
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Popular article: New Housing Price Index
New Housing Price Index (NHPI) – this economic indicator enables tracing change in prices for building new houses in Canada. NHPI reflects fluctuation dynamic of prices of transactions between contractor and purchaser in the moment of buying of a new house. The index helps to trace changes in price for similar houses. Prices submitted by vendors (or building companies) serve for measurement of this figure. Those market price do not account for taxes or prices for supplementary goods and services. Index publication has a limited impact on the market. Its growth is favorable for consolidation of national currency.
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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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