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FALLS UNDER
FOREX
MARKET OPEN AS OF Apr 26, 08:25 UTC
FALLS UNDER
FOREX
EUR/CAD
1.53737000
EUR/CAD
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Learn about forex
Forex trading, also known as foreign exchange or FX trading, involves purchasing one currency and selling another at the same time to speculate on the movement of exchange rates. It is one of the most actively traded markets in the world.
FOREX
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Technical analysis (utilizing indicators such as moving averages and RSI), fundamental analysis (monitoring economic data), and risk management strategies such as stop-loss orders are the most frequently employed strategies.
It may appear to be an intimidating environment for an individual who is unfamiliar with the foreign exchange market. Nevertheless, Forex trading is similar to other markets once you have mastered the fundamentals.
The volumes can be substantial in comparison to other markets due to the absence of a central exchange and the fact that it is a market driven by the world's largest financial institutions. This simplifies the process of entering and exiting transactions and reduces the overall cost to traders.
Between 13:00 and 17:00 GMT.
The Euro-Canadian dollar currency pair is a highly traded partnership in the foreign exchange market, accounting for a substantial portion of daily trading. This combination is well-received by both novice and experienced traders.
Optimize trading with our tools.
