FOREX MARKET

Foreign exchange
 INTRODUCTION
• The forex market is the market in which participants
can buy, sell, exchange, and speculate on currencies.
• The forex market is made up of banks, commercial
companies, central banks, investment management
 firms, hedge funds, and retail forex brokers and
investors.
• “The currency market is considered to be the
largest financial market with over $5 trillion in
daily transactions, which is more than the futures
and equity markets combined.”
 LITERATURE REVIEW
•This has given a boost to FOREX transactions to people and
companies in India as well, which is now among the major
players in the merging global market, capitalizing on this,
banks in India too have improvised upon and enabled quicker
and varying kinds of foreign exchange transactions to
everyone in their country.

•As foreign trade and cross-border capital flows continue to

grow, and the country moves towards capital account
convertibility, the foreign exchange market is poised to play
an even greater role in the economy
• As the after shocks of the credit crisis fade away
from the world’s strongest economy, all companies
in the global economy are now pursuing global trade
opportunities, which in turn has led to banks
enabling FOREX (Foreign Exchange) transactions.
RESEARCH GAP
 Objectives
• To analyse the fundamentals of the
market using unemployment claims.
• To analyse the money flow index of the
selected currencies.
• To evaluate the profitability of the cross
currency pairs in the market.
 RESEARCH METHODOLOGY
DATA COLLECTION
• Research design: The type of study used for the project is a
descriptive study

SECONDARY DATA-
•The data is collected from the tools and the techniques available in the MT4
platform. The secondary data are related to the technical concepts are taken
from the books, statistical reviews and internet.
TOOLS USED FOR THE STUDY:
• Fundamental factors: Unemployment claims,
• Technical analysis: Fibonacci and MFI
 CONCLUSION
• The study is about the technical and
fundamental analysis of forex market and their
obedience.
• The conclusion is that we can trade according
the technical analysis rather than going for
fundamental
• analysis which shows a clear idea with more
accuracy in the market with less risk