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kangda forex: Know When to Buy or Sell a Currency Pair

kangda forex(https://www.kangda-fx.com/):Forex trading involves trying to predict which currency will rise or fall versus another currency.

 

How do you know when to buy or sell a currency pair?

 

In the following examples, we are going to use a little fundamental analysis to help us decide whether to buy or sell a specific currency pair.

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kangda-fx

The supply and demand for a currency changes due to various economic factors, which drives currency exchange rates up and down.

 

Each currency belongs to a country (or region). So forex fundamental analysis focuses on the overall state of the country’s economy,  such as productivity, employment, manufacturing, international trade, and interest ratezzzzzzzz.

 

Wake up!

 

kangda forex(https://www.kangda-fx.com/):If you always fell asleep during your economics class or just flat-out skipped economics class, don’t worry!

 

kangda forex(https://www.kangda-fx.com/):We will cover fundamental analysis in a later lesson.

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