No matter what kind of financial products we invest in, we must understand their market trends.
Only when we know the market well can we make the right investment decisions and reap the benefits.
So how should we judge market trends?
Trend Market trend judgment mainly depends on the forex speculators’ knowledge of the forex brokers.
We can analyze the trend judgment of foreign exchange market from four aspects.
Every market has cycle problems.
The cycle of, for example, has an important impact on asset markets.
If investors master their interest rate cycles, they will have huge profit opportunities in asset markets.
Similarly, there are cycles in currency markets.
Changes in US real interest rates are one of the factors affecting the cycle.
Second, the market is a tool to digest expectations. For example, the market expects a new cycle after the US interest rate hike cycle, and the factors affecting the market development will not be known until then.
In the foreign exchange market, currency speculators often view sudden political events as a speculative cycle.
The urgent task for currency speculators is to understand the cycle change and how to take the right investment strategy in this cycle.
In fact, the factors that form the trend of the foreign exchange market are the same.
The only difference is risk control and entry timing.
If currency speculators have high margin leverage, they should achieve high accuracy when they first enter the market.
Once profitable, they should quickly distinguish between medium – and long-term trends.
Fourthly, there are many ways to observe the trend of the foreign exchange market transaction chart, but the most basic one is to observe the foreign exchange market transaction chart from a long-term perspective, judge according to the price trend, observe the characteristics of price changes and factors affecting price changes, and master these foreign exchange speculators to basically judge the foreign exchange trend.
The ups and downs of the pandemic dented risk appetite, the dollar strengthened gold fell, and oil prices fell more than 2%.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
