Forex Trading Using Intermarket .pdf - Content
This Book exPlores the application of intermarket analysis to the foreign exchange market, the world’s largest and most widely traded financial market. Intermarket analysis helps traders identify and anticipate changes in trend direction and prices due to influences of other related markets as financial markets have become interconnected and interdependent in today’s global economy.
These markets include forex futures and options as well as major cash forex pairs, which are affected not only by other currencies but by related markets such the S&P 500 Index, gold, crude oil, and interest rates. As the world economy of the twenty-first century continues to grow and as new advances in information technologies continue to be introduced, financial markets will become even more globalized and sophisticated than they are today, increasing the central role that the forex markets play in the global economy.