your finances. At its core, a currency exchange rate is the value of one currency compared to another. It is typically expressed as a ratio, such as 1 USD to 1.20 EUR. In this example, one US dollar ...
account balances and margin levels, and viewing transaction history. 7. Customer support: Most forex trading platforms offer customer support services to help traders with any technical issues or que...
direction in the past. These levels are considered potential entry and exit points. 2. Fibonacci Retracement Levels: Fibonacci retracement levels are used to identify potential support and resistance...
an essential risk management tool in forex trading. 6. Spread: The spread is the difference between the buying and selling price of a currency pair. It represents the cost of trading and is how broke...
example, a sudden change in interest rates by a central bank or a geopolitical event such as a trade war can greatly influence the value of a currency. In addition to traditional news sources, social...
2024-09-04 20:15:25