Forex Trading Weekly Analyses for April 4th to April 8th 2022

Uploaded by Cathy Metz on April 4, 2022 at 9:10 am

This video will introduce global investors to the basics of Forex trading and provide them with a solid foundation for analyzing currencies and profiting from their fluctuations. You will gain an understanding of how the foreign exchange markets work and will use this knowledge to generate income.

Whether you trade fundamental analysis, economic data, technical analysis, price analysis or wave analysis, there are often multiple approaches to the forex market, especially the EUR/USD pair. While there are many ways to trade the EUR/USD pair, three simple strategies have always worked well.

EUR/USD is one of the favorite currency pairs of Forex traders. The EUR/USD currency pair has the largest trading volume in the world, which means it is the most traded currency pair in the world.

According to the Bank for International Settlements, the Canadian dollar is the seventh most popular currency, as it accounted for, on the one hand, 4.6% of all Forex transactions as of April 2013. On the other hand, the Canadian dollar, although not as popular, it also occupies a worthy place among the most traded currencies.

After all, the U.S. dollar accounts for 87 percent of all transactions, according to the Bank for International Settlements. As we all know, according to the report of the Bank for International Settlements, as of April 2013, the US dollar is the world’s main reserve currency, accounting for 87% of all transactions in the foreign exchange market.

The Japanese yen is the easiest currency to trade in Asia and the third most traded currency in the foreign exchange market after the US dollar and the euro. The most actively traded currencies on the foreign exchange market are the US dollar, EU euro, Japanese yen, British pound, Swiss franc, Australian dollar, Canadian dollar and New Zealand dollar. As with any other currency pair, the best time to trade the US dollar is when the foreign exchange market is active, which means considerable volatility and price movements.

The Australian dollar is one of the best candidates for a carry trade that best matches the Japanese yen due to its high interest rates. In any case, the two-way movement of the US dollar is the reason why the Australian dollar has been mixed during the trading week, although the price of the Australian dollar pair is about the same. Pay particular attention to the charts of AUD/CHF and EUR/AUD and how these pairs closed on opposite sides of the horizontal line, even though the price movements of both were roughly the same.

Skype: https://join.skype.com/invite/F7PDnGGTw4bq
Facebook: https://www.facebook.com/ProwaveEdge
Remember to subscribe to this channel and set the bell to “All” to get notified of new publications.

Twitter: https://twitter.com/prowaveedge
LinkedIn: https://www.linkedin.com/in/anil-mangal-631b3424/
Educational videos: https://www.youtube.com/watch?v=_6V2hBcGzoY&list=PL-sBZ98NHq80onLju2NsC3VA1tIrvOvg7&ab_chan

#Forextrading #ForexWeeklyAnalyses #forex #forextradingstrategies #Wavetrading #Silver #Gold #EURUSD #EURO #USDOLLAR #GBPUSD #AUDUSD #NZDUSD #CADUSD #USDJPY #USDCHF #Europairs #Poundpairs #Aussiepairs #Kiwipairs #Looniepairs #Swissypairs

www.youtube.com/c/AnilMangal

https://anilmangal.my.vudini.ai/videos/blog/stocks-crypto-trading-weekly-analyses-for-march-28th-to-april-1st-2023

This video was created on https://www.vudini.ai

Comments

Comments are disabled for this post.