Latest posts by Usman Ahmed

To assess the impact of economic news on currency pairs, traders analyze key indicators, historical data, and market sentiment, enabling them to anticipate price movements and make informed trading decisions.

The best indicators for beginners in forex trading typically include Moving Averages, Relative Strength Index (RSI), and Bollinger Bands, as these tools help to simplify market analysis and improve decision-making.

To analyze major vs minor currency pairs effectively, traders should understand their characteristics and market behavior, considering factors like liquidity, volatility, and economic indicators.

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