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Good profitable Trading strategy hay is ko Trader use karay aor Trader ko chhy kh market kay pivot points ko smja karay aor Trader market ko thek tarah sy analysis karay aor market kay support aor resistance kay level ko smjy aor Trader market main jb is best Trading strategy kay use ko smj kar Trade krta hay phr Trader ko Forex Trading main good profitable Trading krna easy hota hay
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this so good to learn about the support and resistance strategy this is a strategy which a newbie should be learn because this is the basic of the forex trading and everybody should must learn this such as one of our friend has learned it and it shared it with us so that we could know about it..
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The daily average trading in the inter-bank market reached a new high of 50.64 billion U.S. dollars in 2017, up 2.26 billion dollars, or 4.7 percent, from the previous year, according to the Bank of Korea (BOK).
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Members, in particular, agreed that “strengthening in the near-term economic outlook increased the likelihood that a gradual upward trajectory of the federal funds rate would be appropriate.”
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That caused investors to lessen the probabilities of immediate hikes with a host of Fed fund futures hitting contract lows. This year, there are three rate hikes that are now almost fully priced, compared to two in December.
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“If one were to split hairs, one could argue that these statements only imply increased confidence in the need for the three 2018 hikes,” said Jesse Edgerton, a JPMorgan analyst.
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The futures market infers around a 40 percent likelihood of a rate hike by August and is not completely priced for a move of 25 basis points to 1.75 percent until early next year.
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Australian government bond futures were mixed, with the three-year bond contract jumped 1 tick at 97.865. The 10-year contract slid 1.5 ticks to 97.1300.
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The AUD fell to $0.7792, hitting near a one and half week low of $0.7759 earlier this month. Technical analysts observe strong chart support around $0.7760. The currency slipped more than 3 percent