|CFD Forex||CFD on metals||Stock CFDs|
Foreign exchange spot transaction is a concurrence among two parties to buy one currency against selling another one at an agreed price. Forex exchange rate at which the transaction is realized is the spot exchange rate. The exchange rate reveals transferring the power of purchase between currency units of different countries, reflected in currency pairs’ activity and quotations.
In Forex currency trading, a FX spot rate is the rate that most traders use, while trading with an online Forex broker. Traders, holding a position for longer than two days, have their trading “reset” by Forex broker.
The exchange rate itself is made by supply and demand forces, which may fortify or weaken depending on various issues, as well as macroeconomic, technical, political and even natural.
For forecasting purposes investors generally use two types of analytical tools. As a rule, the analysis is divided into technical and fundamental components. Technical analysis is based on previous price performance, while fundamental watch is based on key macroeconomic indicators, like inflation or interest rates. News flow and expectations factors are also of a main concern.
The combination of technical and fundamental approaches to exchange rates activity explanation and prediction is frequently considered a sign to a successful trading strategy. The liquidity and user-friendliness of the FX currency market make this group a profitable investment opportunity.
The group's FX trading instruments are below:
|AUDCAD||Australian dollar vs Canadian dollar|
|AUDCHF||Australian dollar vs Swiss franc|
|AUDJPY||Australian dollar vs Japanese yen|
|AUDNZD||Australian dollar vs New Zealandian dollar|
|AUDUSD||Australian dollar vs US dollar|
|CADCHF||Canadian dollar vs Swiss franc|
|CADJPY||Canadian dollar vs Japanese yen|
|CHFJPY||Swiss franc vs Japanese yen|
|EURAUD||Euro vs Australian dollar|
|EURCAD||Euro vs Canadian dollar|
|EURCHF||Euro vs Swiss franc|
|EURGBP||Euro vs British pound|
|EURJPY||Euro vs Japanese yen|
|EURNZD||Euro vs New Zealandian dollar|
|EURSEK||Euro vs Swedish krona|
|EURUSD||Euro vs US dollar|
|GBPAUD||British pound vs Australian dollar|
|GBPCAD||British pound vs Canadian dollar|
|GBPCHF||British pound vs Swiss franc|
|GBPJPY||British pound vs Japanese yen|
|GBPNZD||British pound vs New Zealandian dollar|
|GBPUSD||British pound vs US dollar|
|NZDCAD||New Zealandian dollar vs Canadian dollar|
|NZDCHF||New Zealandian dollar vs Swiss franc|
|NZDJPY||New Zealandian dollar vs Japanese yen|
|NZDUSD||New Zealandian dollar vs US dollar|
|USDCAD||US dollar vs Canadian dollar|
|USDCHF||US dollar vs Swiss franc|
|USDJPY||US dollar vs Japanese yen|
|USDNOK||US dollar vs Norwegian krone|
|USDSEK||US dollar vs Swedish krona|
|USDSGD||US dollar vs Singapore dollar|