Lesson 1: What Is Forex?
Forex—short for Foreign Exchange—is the global market where people, banks, institutions, and businesses buy and sell different currencies.
💱 Currencies trade in pairs, such as EUR/USD, GBP/USD, and USD/JPY. Each pair shows the value of one currency compared with another.
📈 When one currency becomes stronger or weaker relative to the other, the exchange rate moves.
🌍 The Forex market operates across major financial centers worldwide, making it one of the most active financial markets.
📊 Traders analyze price action, market structure, economic news, and risk management to better understand potential market movements.
⚠️ Educational Content Only: Trading involves significant risk. Never trade money you cannot afford to lose.
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