Forex Indicators
Forex charts?
When looking at a forex chart for a currency "PAIR" you will see 2 lines one for each currency. What is the significance of the "distance" between the two lines (representing each currency)? I am using this to determine the average percentage change, daily, weekly, etc.
Public Comments
- http://www.forex.labuan.net/forex-charts.html
- If you look at an FX chart there's only one line... http://www.dailyfx.com/charts/Chart.html ...that's an EUR/USD chart. All charts work on the basis that 1 of the first symbol will buy you ___ of the 2nd. Example: EUR/USD is now at 1.2811 which means one euro will get you 1.2811 dollars.
