Economic News Canadian dollar gaining its strength with increase in oil prices and on optimism of US and China trade war.CAD trading steady against other peers. Last week Canadian CPI data surprisingly came above estimate at -0.1% vs. -0.4%. If global economic market condition remains stable then appetite for riskier assets will increases. CAD as … Continue reading "CAD/JPY pair approaches major resistance zone 83 to 83.90"
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Forex trading is a skill that you learn partially by experience and partially by knowledge. Both are necessary to become an expert. Technical knowledge without the experience of forex trading won’t give you the desired result and trading without knowledge will be very big mistake. To become an expert you have to learn fundamental and … Continue reading "Top 3 Forex Technical Indicator Used by Forex Experts"
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Forex trading is not an easy game that you can learn easily. Like every other intellectual learning, you need to aware yourself with the basic terminology of forex In your first day of school, did your teacher give you a long para of chapter 7 in English subject to read aloud in class? I … Continue reading "19 Forex Trading Terms Every Forex Trader Should Know In 2019"
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USDJPY Pair Analysis: (Close Price: 110.251) News There is little economic related news to JPY which affect exchange rate. Main influential news will come from outside of Japan. The Yen still completely lacks domestic interest rate support. The BOJ is also buying huge amounts of bonds as part of its quantitative easing program. Pair Analysis … Continue reading "Weekly Forex pair Forecast (Dec 29 – 05 Jan 2019)"
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GBP/USD endured its most noticeably bad week since October. The Brexit event stays on the brains of apprehensive speculators. There are key numbers on the two sides of the lake in the forthcoming week. The U.K discharges CPI and retail deals this week, and the U.S will distribute Final GDP for the second from last … Continue reading "Forex Currency Forecast: GBP/USD Pair Analysis"
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