Market trends can be analyzed using various indicators. Fibonacci retracement levels help identify potential support and resistance levels.
Forex market makers facilitate trading by providing liquidity. They manage order flow and earn from the spread between bid and ask prices.
Forex brokers connect buyers and sellers, offering services to help traders make informed decisions. Consider factors like leverage and customer support when choosing a broker.
Trade balance affects forex trends. A positive balance may lead to currency appreciation, while a negative balance can have the opposite effect.
seek to invest in a country with a robust economy. This increased demand can lead to an appreciation of the country's currency relative to other currencies. Conversely, a negative trade balance, or t...
Updated on: 2024-08-27 22:09:47