Monday, August 25, 2008

Forex Charts

I'm a believer of both fundamental and technical analysis when it comes to trading both currencies and stocks. I believe that the technical statistics provide the latest trading trends and reflect the psychologies of the traders. On the other hand, fundamental stats offer us insights of the real currency and stock values.

One tool that I'm very impressed with is OANDA's FXEconostats. It is an interactive economic statistics graphical tools that display economic stats for an expanding number of major countries in the world. The data traces back to the early 90s and includes stats like GDP, interest rates, employment numbers, commodities, prices and indice, etc. Don't forget to check out other forex charts as well on their forex tools site.

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