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Everyone enters the forex market for a variety of reasons. These can range from pure fun to becoming a professional trader. Trading forex is not a quick way to become rich. Excessive leverage has the potential to transform winning tactics…

The GBP/USD pair broke out of its intraday consolidative trading range. It plummeted to two-day lows in the 1.3520-15 zone. GBP/USD saw some selling on Wednesday. It was amid resurgent USD demand. Rebounding US bond rates and a lower risk…

China accounts for 30% of global production capacity. Rising COVID infections and the current low levels of natural immunity imply that an increase in viral propagation throughout the winter might result in further lockdowns in China.  The risk is that they…

Gold price has been climbing this month, with significant resistance above the 1830 mark. Prices increased as a result of a recent crossover of the 20-day and 50-day Simple Moving Averages (SMAs).  If the gold bulls fail to break through…

The primary part of making decisions in forex trading is drawn from economic facts. The fundamental background of the market consists of three primary things. This is why it may be difficult to predict currency movement at times. The currency…