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Karbala University discusses indicators of analysis in the foreign exchange market

link     what a time to do this study!

The College of Administration and Economics at the University of Karbala discussed the master\u2019s thesis tagged \u201cThe Effectiveness of Technical Analysis Indicators in Trading the Foreign Exchange Market (FX), which is an applied study on the exchange rate of the US dollar against the Iraqi dinar for the period 2010-2020.

The Director of University Information, Dr. Yahya Obaid Al-Taei, told Al-Sabah that "the message presented by the student Muhannad Rashid Sharqi Al-Majidi from the Department of Banking and Financial Sciences aimed at introducing the conceptual framework for indicators of technical analysis in the foreign exchange market."

He pointed out that {the researcher included some indicators of technical analysis to predict the exchange rates of foreign currencies in circulation, and how to know the ability of technical analysis indicators to predict currency prices, by studying the indicators and applying them to the exchange rate of the US dollar against the Iraqi dinar for the period 2010-2020, reaching results that indicate The presence of technical analysis indicators in the forex market, and speculation based on technical analysis indicators contribute to neutralizing the times of executing buy and sell orders. It also gives many signals, most notably warning traders of a trend reversal price..}.