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The foreign exchange market (also Forex from the English. Foreign Exchange – “foreign exchange”, sometimes FX) is a system of stable economic and organizational relations arising from transactions for the purchase or sale of foreign currency, payment documents in foreign currencies, as well as transactions on the movement capital of foreign investors. In the foreign
Money is a universal equivalent that serves as a measure of the value of any goods and services that can be directly exchanged for them. In its form, money can be a special commodity, security, a sign of value, various goods or values, entries on accounts. General Provisions With the help of money, the value
The stock market is a global financial and economic instrument, the main function of which is to regulate the turnover of securities by buying, selling, exchanging, or pledging. In addition to shares, bonds and bills are traded on the stock market. The first stock exchange opened in Amsterdam in 1611, and in its present form,
EUR/USD Looking at the weekly chart, we can see that prices are currently testing our support target at 1.17500, which coincides with 78.6% Fibonacci retracement and ascending trend line. The daily time frame echoes the same bullish view, as well as prices, which are sitting on our support target at 1.1750. On the H4 timeframe,
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