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There are several external factors that affect Forex currency trading. These factors include trade reports, GDP, unemployment, international trade, manufacturing etc.
Technical Analysis is the easiest way of trading the market known by the traders community. All available information on any particular asset are already reflected in an asset’s price.
When you execute a Forex trade, you are purchasing an amount of currency. But trading accounts are leveraged, which means you don’t have to own that expensive lot of currency.
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