
Forex trading guide
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A forex trend is a consistent direction in the price of an asset over a period of time, characterised by a clear intensity and frequent updates of local highs and lows. An uptrend, also think, what happened to forex consider as a bullish trend, is characterised by rising price trends and continues as each successive high outperforms its predecessor. A downtrend, or bearish trend, is a falling price with repeated forex trading guide. Prices fall below previous lows when an asset is in a downtrend.
A sideways or flat trend occurs when the price of an forex trading guide is not moving in a definite direction. It is the most common market condition observed in Forex trading. It's important to note that a trend will continue until there is a signal to end it.
For example, in a bullish market, the price may stop forex trading guide above the previous high, signalling a possible bearish trend. The most popular and quite volatile pair in Forex. The Fed and ECB minutes, which are publicly available, help to monitor the exchange rate of these currencies.
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