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Week Ahead: Forex price ladder

Budget deficit narrowed slightly more than expected in August, from Wednesdays 8-month low of 1.6162. The greenback has risen to around 1.6000 against the forex price ladder pound sterling at the end of the week, the U.K.

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Swing traders tend to stick to the more liquid currency pairs. The following currency pairs are widely regarded as the most liquid. USD/CAD, EUR/JPY, EUR/USD, EUR/CHF, USD/CHF, EUR/GBP, GBP/USD, AUD/CAD, NZD/USD, GBP/CHF, AUD/USD, GBP/JPY, USD/JPY, CHF/JPY, EUR/CAD, AUD/JPY, EUR/AUD, AUD/NZD. A trade wont always go.

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The key thing missing is one of the most important aspects for any trading strategy which is market sentiment analysis. Market sentiment analysis will show you how many traders are in a long position, how many traders are in a short position and the volume.

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