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Random article: Linear Regression Trendline
Linear Regression Trendline represents one of the most demonstrative and useful tools of technical analysis. It is the line built on price chart between two price points with the help of least-squares method. This trendline is the middle of channel, within which price moves. Also it is called called the line of equilibrium price. Deviation of price from that line demonstrates bulls' advantage on market, whereas its downward deviation speaks for bears' activity. Also trend of linear regression is used as a forecasting figure of direction of price tendency.
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Popular article: Jamaican currency system and money exchange rates. Forex rates, fx rates
On August 15, 1971, the United States of America unilaterally declared of canceling of direct convertibility of its national currency to gold. It finished an epoch of Bretton Woods currency system, US dollar rate started floating and gold turned into independent asset. This event is known in the history as Nixon Shock, because despite of being long-expected, it was a total shock for the most part of countries. The world required several years from then on to develop and launch new rules for international trading.
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Financial Instruments: forward contracts, options trading etc.
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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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