Learn How US Economic Data helps Dollar Gain on Euro.

The US economic data reports released recently were incredibly awesome. They were above expectations and this led to a rally of the dollar. On the other hand, the euro went down as the traders were eagerly waiting for the monetary policy decision of the European Central Bank. Generally, the US economic data asserts that the…

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How Poor US Economic Data Doesn’t Affect EUR/USD

Together, the USD (U.S Dollar), and the EUR (Euro) form the “most-traded) pairs of currency all over the world. Recently, data was released from Macroeconomic in the United States and it showed weak results, however, this didn’t hinder the Dollar from ranking as the highest against Euro since 1 February this year. A reason for…

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Learn How to Use Market Profile in Forex Trading

Market Profile index is a robust instrument produced by a CBOT dealer. The initial intent of this tool is to coordinate the cost and time data that was obtained during a trading session and precious to dealers. Peter Steidlmayer introduced a charting device in 1985, and as it appears, the present day Forex market isn’t…

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FOREX Secret Tips Used By Successful FOREX Traders

Over the past decade, FOREX trading has expanded immensely simply because of its rapid expansion in the trading market. What was once taken adopted as a side trading strategy by people dealing with stocks, is now a trading platform open to millions of traders on a daily basis. The fact that FOREX trading offers a…

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