In this article, we will explore the various types of forex trading accounts available in the market.
One of the critical economic events that forex traders keep an eye on the Economic Calendar include: Interest rate decisions, GDP (Gross Domestic Product) reports, Inflation reports (CPI – Cons...
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The value of currencies can fluctuate based on key economic indicators. For instance, if the GDP report shows a decline, it may lead to a decrease in currency value as investors perceive the economy to be weaker. Another crucial economic indicator that affects currency prices is the Consumer Price Index (CPI), which measures changes in the prices of goods an...
Traders utilize various technical analysis tools to analyze trends and potential breakout points in the market. Volume analysis is commonly used alongside other tools to validate trading decisions. By...
Updated on: 2024-08-27 21:35:15