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USD/JPY, and GBP/USD. These pairs typically have high liquidity and tight spreads, making them popular choices for traders. Minor pairs, also known as cross pairs, consist of currencies that are not...
a significant role in determining currency exchange rates. Strong economic data can boost confidence in a country's currency, while weak economic data can lead to a depreciation. Geopolitical events,...
high volume is more likely to be sustainable and lead to further price movements in the direction of the breakout. 5. Consider the overall market context: It's important to consider the overall marke...
broker is a company or individual that provides a platform for traders to buy and sell foreign currencies in the online forex market. They typically offer access to the interbank market, provide tradi...
Created on: 2024-08-24 12:03:11