Investigating the performance of Technical Analysis on Foreign Exchange
| Autor: | Lin, Keng-Ping, 林耕平 |
|---|---|
| Rok vydání: | 2019 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 107 In this era of high prices and low salaries, interest rates have also gone down. The investment methods of making money in banks to earn interest have disappeared. The conduction of investment and financial management has gradually become an important issue. Only good plan of investment would offer possible opportunities to increase profit, and that gave the motivation study this topic. The essence of this study is to find the pattern of perturbation of the foreign exchange market. This study contains three foreign exchange rate EUR/USD, USD/JPY, GBP/USD. During the research period, from 2006 to 2018, 11 kinds of technical indicators are combined with the trend and oscillator to test whether it can be applied to the long-short circulation of the foreign exchange rate and have reasonable profit. According to the research results, three points are contained in the conclusion: 1. The RSI index has the highest annualized return rate in the model of the study. 2. Using the technical analysis, the foreign exchange market cannot obtain excess return, so the foreign exchange is weak form efficiency market. 3. According to the trend and oscillator period trading, which is better than using the same indicator traded the whole period. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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