These levels are formed by drawing a trend line between two extreme levels (high & low) of a main market move, then dividing the vertical distance by the main Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8%, 78.6% and 100%.
What makes this particular indicator superior to most, is that it’s known as a ‘leading’ indicator, […]

In Africa, Money not necessary for mobile bankingOm Malik’s Broadband Blog: Necessity, they say is the mother of invention. It couldnt be more true in case of Africa, where pre-paid airtime is fast becoming the virtual currency for Pan-African trade, overcoming conventional currency exchange and lack of banking infrastructure. It started out as phone …
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Fibonacci retracement analysis is a very widely known and used technical analysis tool, used by traders to mainly calculate possible targets for entry and exit points, and in determining potential levels of support […]

The foreign exchange (currency or Forex or FX) market exists wherever one currency is traded for another. Trading Foreign Exchange currency in the global Forex trading system market can make you money. Very often currency pairs are closely related to one another - and this is something that can be used to the […]

FOREX is the abbreviation for the Foreign Exchange market. The main principle of Forex is converting one currency into another. As far as the freedom from any external control and free […]

These levels are formed by drawing a trend line between two extreme levels (high & low) of a main market move, then dividing the vertical distance by the main Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8%, 78.6% and 100%.
What makes this particular indicator superior to most, is that it’s known as a ‘leading’ indicator, […]

Move by Kuwait fuels Gulf currency debate - Zawya.com | Middle East Business News You may not be able to view this site correctly. Tue Jun 05 2007 06:47 GMT Move by Kuwait fuels Gulf currency debate Kuwait’s decision to delink its currency from the dollar last month […]