Live Forex charts
Those who are following the trends of certain currency pairs will be well served by live forex charts. Whether you are attempting to spot a trend in order to trade forex or trying to find an opportune moment to send money abroad or purchase travel money.
How to read a live forex chart
All live forex trading charts have ātimeā which runs along the horizontal x-axis and āpriceā which runs along the y-axis. Allowing you to historical pricing on the left and current pricing to the right hand side. The āadvanced real time live forex charts allow you to see more detailed fluctuations and pricing over a shorter time period. If you are wishing to change the live forex graph to a different current pair this can be changed by changing the currency pair in the right hand corner of the currency chart.
The live forex chart above features a series of green and red bars which are commonly known as candlesticks. Green indicating an appreciating currency pair, red a pair which has lost value. When observing a daily candlestick chart and appreciating currency will be coloured in green as it has appreciated during the trading day. A red candlestick will depict a loss and therefore the currency pair has closed lower than the opening trading rate on the live forex graphs.
Line graph – live forex charts
Whilst not as informative as the candlestick chart, line forex charts can demonstrate an overall trend in the particular currency pair. The top live forex graphs allow you to see trends of a number of currency pairs. You can also select the time frame of the pair from 1 day to the complete trading history of the pair.
TheĀ overviewĀ chart is simple and easy to use providing date range data for the currencies listed on the header
Advanced Real-Time Chart
TheĀ advancedĀ chart providesĀ more technical and fundamental analysis.Ā Simply delete the currency pair in the top left corner to select from a comprehensive list of currencies and stocks