into account your specific investment objectives, financial situation or particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. See important, research Disclaimer. Lets take an example. In theory, if the sentiment of market participants becomes increasingly bullish or bearish towards a currency, it should rise or fall in the short-term.
Singapore recipients should contact IGA at for matters arising from, or in connection with the information distributed. Technical analysis proved to be one of the most popular tools used by short-term traders. Consequently any person acting on it does so entirely at their own risk. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor. In order to explain this complex part as simple as possible, lets base on the PPP (purchasing power parity approach) to predict exchange rates in the long run. While the majority of fundamental-based models have proved to be able to predict exchange rates in the long-term, their results in short-term predictions are rather mixed. Unfortunately, anticipating where the exchange rate is going on a consistent basis is far from easy, as dozens of different factors impact the forex market.
Follow all the latest forex news, trading strategies, commodities reports ev ents at DailyFX. The Forex Forecast is a currency sentiment tool that highlights our selected exper.