The results of this study suggest that technical analysis can be a highly effective tool for forex traders, with the moving average crossover strategy and RSI indicators demonstrating the highest success rates.
The study's focus on key economic indicators like interest rates, GDP, inflation, and trade balance highlights the importance of considering macroeconomic factors in forex trading.
The event-driven approach is an interesting and potentially profitable strategy, but it requires a significant amount of research and analysis. Traders must be able to make informed decisions based on current events and economic indicators.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.