In the application of 5 18 foreign exchange network, there is no essential difference between direct quotation method and indirect pricing method, but the form of pricing de is opposite, and the value is easy to get. Due to de reasons such as usage habits, the indirect pricing methods of US dollar exchange rate in the international foreign exchange market of 5 18 foreign exchange network mainly include British pound, euro, Australian dollar and New Zealand dollar, and most other currencies adopt direct quotation against the US dollar.
Many friends who have little contact with foreign exchange often find it difficult to distinguish the rise and fall of the exchange rate when encountering foreign exchange market. For example, the exchange rate of USD/JPY changed from 65,438+030 to 65,438+034, which can be understood as USD rising or JPY falling. But when the euro/yen exchange rate changed from 0.90 to 0.88, I don't understand why the value changed from big to small, but everyone called it the euro falling or the dollar rising. In fact, this is caused by two pricing methods (direct quotation method and indirect pricing method) in the international foreign exchange market.
Direct quotation refers to the pricing method of converting a certain amount of specific foreign currency into a relative amount of other currencies. In the direct pricing method, the quantity of a specific foreign currency remains unchanged, while other currencies change accordingly. For example, 1 USD = 1.5960 Canadian dollars becomes 1 USD = 1.6050 Canadian dollars, and the number of Canadian dollars increases because the number of dollars as a specific currency remains unchanged, which means that the dollar appreciates and the Canadian dollar depreciates. When the exchange rate between the US dollar and the Canadian dollar becomes 1 = 1.58, it means that the US dollar depreciates and the Canadian dollar appreciates. China's RMB exchange rate is a direct quotation.
Indirect pricing method refers to the pricing method of converting a certain amount of other currencies into a specific foreign currency with a relative amount. In the indirect pricing method, the quantity of other currencies remains unchanged, while the quantity of specific foreign currencies changes accordingly. For example, 1 GBP = 1.4550 USD becomes 1 GBP = 1.4630 USD, because the amount of USD as a specific currency increases and the value of GBP remains unchanged, which means that USD depreciates and GBP appreciates. When the exchange rate of the pound against the US dollar becomes 1 = 1.4450, it means that the US dollar appreciates and the pound depreciates.
There is no essential difference between direct quotation method and indirect bidding method in application, but the bidding form is opposite and the value is equal. Due to usage habits and other reasons, in the international foreign exchange market, the exchange rates of British pound, euro, Australian dollar and New Zealand dollar mainly adopt indirect pricing method, while most other currencies adopt direct quotation method.
4. It is best to combine the Bollinger Band with other indicators, such as volume and KDJ indicators.
(Editor of this article: 5 18 foreign exchange network-65438+10 million foreign exchange friends study online, and a large number of foreign exchange books, software and EA are downloaded for free. )
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