Is forex a bull market?
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Trading in the forex is done in currency pairs- buying one currency or selling it against another. In the commodity world of finance, we get to hear of bullish and bearish market. It is not that technical though, it all depends on the outlook of a currency’s value as against others. In a bull market, the outlook gets positive and the trader makes some cash by buying currencies hoping they increase against others. When it gets the reverse dimension, the trader is really compelled to sell the currencies. But in either ways, a trader always has an opportunity for a bull market. Let us hear your view on this