Volume On Forex Chart. Our Live Forex Chart – Easy-to-use Forex Chart online. Using volume can help form the basis of decisions over whether to buy or sell an asset.
There is a good reason for this. Forex (FX) volume refers directly to the number of lots traded in a currency pair in a specified time period. Forex volume can help paint a clearer picture of what is going.
However, in the currency market, volume plays a secondary role.
As you have noticed, tick volume changes sometimes do not hold even between two brokers.
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That's why volume spread analysis reveals a lot of information regarding smart money. Each line on the chart represents the activity of a specific currency pair, i.e., its volatility in pips during the day. For example the right side of this chart shows a big spike.