KTFA (Frank26 & Don961)

Don961: Karbala University discusses indicators of analysis in the foreign exchange market

Tuesday 06 July 2021 Karbala: Ali gesture

The Faculty of Administration and Economics at the University of Karbala discussed the master’s thesis tagged “The Effectiveness of Technical Analysis Indicators in Trading the Foreign Exchange Market (FX), which is an applied study on the exchange rate of the US dollar against the Iraqi dinar for the period 2010-2020.

The Director of University Media, Dr. Yahya Obaid Al-Taei, told Al-Sabah that “the message presented by the student Muhannad Rashid Sharqi Al-Majidi from the Department of Banking and Financial Sciences aimed at introducing the conceptual framework of technical analysis indicators in the foreign exchange market.”

He pointed out that {the researcher is among some technical analysis indicators to predict the exchange rates of circulating foreign currencies, and how is the ability of technical analysis indicators to predict currency prices, by studying the indicators and applying them to the exchange rate of the US dollar against the Iraqi dinar for the period 2010-2020, reaching results that indicate The presence of technical analysis indicators in the forex market, and speculation based on technical analysis indicators contribute to neutralizing the times of executing buy and sell orders, and it gives many signals, most notably warning traders of a reversal of the trend price..}.

And he indicated that {the researcher recommended that the trader who wants to maximize his returns and profits and rationalize his investment decisions in the forex market should use technical analysis after he has finished knowing the basics of trading in the currency market}.   LINK

Frank26: “Mechanism” is the plan of the CBI.  That’s their words.  The mechanisms of the monetary reform are right in front of you…their currency is going to float.  If you understand the power of that statement you should be just smiling like a Chester cat.