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Live forex charts with more than 2100 currency pairs as well as thousands of stocks, indices and commodities. NetDania charts has over the ...

The forex market is the most liquid and active market in the world. At every single second an enormous amount of transactions gets executed, with the total daily turnover being regularly estimated to reach trillions of dollars. If we did not make use of an analytical tool such as a forex chart to place the data into a more compact form where it can be visually examined and analyzed, we would be in possession of a vast sea of difficult to interpret numbers. The forex trading chart, then, is a visual aid that makes the recognition of trends, and patterns in general easier, and makes the application of technical tools of analysis at all possible.

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Trading up + ( % ) at . Chart is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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Status: Close

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