ViceRex Forex Trading Learning

Know All About The Forex Arena Part 1: Understanding the Forex Arena The Global Marketplace : Dive into the 24/7 world of forex, the largest financial market, where currencies are traded in pairs. Explore major players, market mechanics, and factors influencing exchange rates. Currency Pairs and Quotes: Grasp the concept of currency pairs (e.g., EUR/USD) and bid/ask quotes, understanding how prices are formed. Learn about major, minor, and exotic currency pairs, each with varying liquidity and volatility. Fundamental Analysis: Uncover the economic, political, and social forces driving currency valuations. Analyze factors like interest rates, inflation, trade data, and geopolitical events to identify potential trends. Part 2: Technical Analysis - Reading the Market's Language Charting and Price Action: Master the art of reading charts, the visual representation of price movements. Identify key support and resistance levels, trendlines, and chart patterns like head and shoul...

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