USAGE OF RELATIVE STRENGTH INDEX ON LESS ACTIVELY TRADED CURRENCY PAIRS
Journal Title: Taikomieji tyrimai studijose ir praktikoje - Year 2018, Vol 14, Issue 1
Abstract
Foreign Exchange market is open for all users who want to create foreign currencies based investments portfolio. Brokers of this market offer everything what investors need, i.e. worldwide accessibility, friendly trading platforms, big leverages and analysis tools. Can foreign currencies based portfolio be profitable? Can currencies be suitable to use common methods of analysis on them? The article tries to find the answer for these questions. Rising accessibility to Foreign Exchange market’s instruments allow us create portfolios of currencies of almost any other countries of the world. The paper presents and discusses the data received using American analyst Welles Wilder’s Relative Strength Index in spot trades of Australian dollar versus New Zealand dollar pair.
Authors and Affiliations
Česlovas Bartkus
Keywords
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