Forex Income Map indicator

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Forex Income Map indicator

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Piet Swart This morning I am looking at the AUD/USD 1 hour chart. It seems like this pair is calming down after some volatility in the market, but it also seems we could experience some volatility again soon. The Bulls seems to be in control at the moment, but my system is indicating that we…

Forex Trading – Foreign Exchange Course

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Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.