The Ultimate Guide to Understanding Forex Market Trends
The international exchange (forex or FX) market is the most important and most liquid financial market on this planet, with a each day trading quantity exceeding $6 trillion. Understanding market trends is key to success in forex trading, as trends point out the general direction in which a currency pair is moving over a specific period. This guide will equip you with the essential knowledge to navigate and interpret forex market trends effectively.What Are Forex Market Trends?Within the forex market, a trend is the general direction of value movement. Trends may be upward (bullish), downward (bearish), or sideways (range-sure). Figuring…
December 8, 2024
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