Fx Analyses Tools

Looking to the data for hints towards ideal speculative opportunities, we can objectively deduce what may or may not be an ideal play to take in the currency markets when scanning for trades.

If you have not seen a heat map like this before, they have been typically used for equities/currency/forex trading, which can sometimes be a minefield for the novice trader when they are attempting to find a suitable stock to trade.

Remember that while there are literally hundreds of stocks/currencies to choose from, we also have individual sectors and industries to choose from, too. The smart trader will use tools such as heat maps to identify the strongest and weakest sectors and industries and find the best stocks to trade within them, so as to increase his or her odds for success.

Use the table below to view in real time the strongest and weakest currencies in each time frame. You can switch the search mode to pips or percent. Check our LIVE FOREX TRADING Performance here.

MARKET VOLATILITY

Find the least and/or most volatile Forex currencies in real time.

TECHNICAL ANALYSIS PATTERNS

Patterns are being scanned in real time and presented in the table below (table refreshes automatically every 30 seconds).
Please note that some patterns should be confirmed with the price, for example a pattern may be valid only if occurs during an uptrend or a downtrend.

FOREX LIQUIDITY

The liquidity section provides rough estimates of the trading activity in the forex market. It allows you to understand and view current liquidity and liquidity in previous sessions, in real time. Higher liquidity usually means better spreads as more transactions are being made. The liquidity calculation takes into account many brokers and top 10 traded currencies to calculate the liquidity per each minute for the last 48 hours. You can use the chart zoom in feature to zoom/select a custom timeframe and have the liquidity automatically calculated. The average liquidity of the past 24 hours is used as a 100% liquidity basis for percentage calculation (number of ticks divided by average spread). For example, a 110% reading will tell you that the current liquidity is 10% above the last 24 hours average liquidity.

For expert guidance and consultation, please write us at piyushratnu@gmail.com