The Economic data and the price of USD:

The economic data affects the currency of that country. In fact the economic data and the price of USD are linked together. The recently revealed economic data about the US economy highlights the path of the value of USD. The US data shows a mixed state of the US economy. Different sectors of the US economy are facing different scenarios. The data exposes a rise in the jobless …

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Assumptions about Technical Analysis:

Assumptions about Technical Analysis: There are basically two types of analysis that help the forex traders to understand and predict the price movements in forex market. These types are 1) Fundamental Analysis 2) Technical Analysis. There are different myths and assumptions about these analysis that are definitely wrong. Such assumptions misguide the newbies in forex trading. Let’s explore some of these assumptions that enable the newbies to make …

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How to Use Candlestick Analysis in Forex Trading

A prominent analysis for making beneficial trade decisions in Forex Trade is Candlestick analysis. Candlestick analysis is mostly associated with dealing and effectively managing Support and Resistance. The results of Candlestick Analysis prove more effective when you also keep in mind the current conditions of financial market as well. However you should consider the fact that you are dealing in unpredictable Forex Trade where every value is bound …

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GBP decline ahead of Brexit Talk and GDP data – VPX Market Review

Fundamental Analysis

Pound and the Pandemic: The recent discussion between the President of European Commission and the Prime Minister of U.K has led to the further downfall of Pound. The value of Pound continues to be weak as the economy of U.K is still struggling. The value of Pound would be expected to enjoy a rise and get a slight relief but then came the horrifying news of another strike …

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GBP falls after increase in worries about Brexit and UK Economy data

The National Output data of U.K and pandemic: The pandemic played havoc with not only the lives of human but also shattered economies and GBP as well. The financial markets suffered and it has left lasting imprints on Forex trade. Unexpected changes and dire situation marked history. Even the economies of advanced countries all over the world felt shocks of the pandemic. The economy of the entire world …

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Consistency in Forex Trade

Forex is a word that has become a constant part of our News. Millions of people have become familiar with it. However, Forex Trade is still viewed as a thrilling game of money or a game-changer that can make you a millionaire overnight.  Well, it has changed the lives of millions of traders all over the globe but at the same, it does not happen overnight as it …

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