Forex Trends Beginners Should Know Before Starting Trading in 2021

<p class&equals;"normal" style&equals;"text-align&colon; justify&semi;"><span lang&equals;"ru">If you feel ready to end the winter holidays&comma; and <a href&equals;"https&colon;&sol;&sol;newsforpublic&period;com&sol;automated-trading-system-increase-profits&sol;">start trading<&sol;a> right away&comma; take a while to comprehend the necessary knowledge dose first&period; 2021 will be very different from the previous tough years&comma; and there are no signs of simplification&period; However&comma; your success depends only on your approach and the freshness of information in your head&period; Here is the freshest listing of 2021 Forex trends that will help you to wake your account up without too much unpredictability&period; <&sol;span><&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Democratic Congress<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p class&equals;"normal" style&equals;"text-align&colon; justify&semi;"><span lang&equals;"ru">In 2020&comma; USD had as many as 8 declines over the last 9 months of the year&period; The reasons for that include the global surge in manufacturing activity and wane in financial stress from other currencies&period; The first weeks of 2021 revealed that depreciation continues&period; The victory of the Democrats means that more stimulus payments are to be made&period; The new Congress voted for &dollar;900 billion of additional stimulus for states and households&comma; which made more USD weaknesses real in the nearest future&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"normal" style&equals;"text-align&colon; justify&semi;"><span lang&equals;"ru">Still&comma; we don’t know the actual timing for the stimulus&comma; so a rough downslide can come unexpectedly&period; The support for the greenback may come from the vaccination process that gains momentum meanwhile&period; On the other hand&comma; we lack transparency of vaccine efficiency and distribution&comma; so the only option is to wait for updates&period; <&sol;span><&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Brexit Deal Outcomes<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p class&equals;"normal" style&equals;"text-align&colon; justify&semi;"><span lang&equals;"ru">Based on the contents of the new UK-EU Brexit deal&comma; the chances of supply chain disruptions are very low&comma; even in the worst scenario&period; At the same time&comma; the UK has the most severe quarantine at the time because of the new virus strain&period; Other major countries of the EU are also taking measures&comma; so the pressure on GBP and EUR grows&comma; leaving traders and authorities in limbo&period; Carefulness with the British currency <a href&equals;"https&colon;&sol;&sol;www&period;investous&period;com&sol;international&sol;cfd-trading-strategies&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener"><span style&equals;"color&colon; &num;1155cc&semi;">trading CFD strategies<&sol;span><&sol;a> is necessary until the current situation gives any clear outcomes&period; <&sol;span><&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">CAD Undervaluation<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p class&equals;"normal" style&equals;"text-align&colon; justify&semi;"><span lang&equals;"ru">In 2020&comma; CAD almost reached a 3-year high to the USD&period; Such an appreciation of the loonie is mainly due to the growing weaknesses of the USD&period; However&comma; the Canadian currency has all the chances to keep strengthening against the US Dollar due to narrowing interest rate spreads&period; The current prognosis is that the loonie will trade for less than &dollar;1&period;25 against USD&period; The average value will most probably be &dollar;1&period;20&comma; but the way to the plateau won’t be direct&period; <&sol;span><&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">AUD Remains Strong<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p class&equals;"normal" style&equals;"text-align&colon; justify&semi;"><span lang&equals;"ru">The recent strengthening of the commodity segment let AUD close 2020 on strong positions&period; Due to the low-interest rates in developed countries&comma; Australia may use this occasion to pay more attention to bond yields and put more pressure on the sector without risks for the currency&period; The worsening of Australia-China relations didn’t create more risks for the currency due to the high level of independence of both economies&period; <&sol;span><&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">EUR Overcomes Troubles<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p class&equals;"normal" style&equals;"text-align&colon; justify&semi;"><span lang&equals;"ru">ECB still has little to do to prevent Euro from further growth in 2021&comma; while the interest rates stay at the bottom&period; We still can’t say if the EUR&sol;USD will surpass the 2018 highs&comma; but the attention to USD problems will be very high during the entire year&period; The strengthening of the EUR can also lead to an upside trend against the USD and play a role in further weakening of the currency&period; <&sol;span><&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">More on the Line<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p class&equals;"normal" style&equals;"text-align&colon; justify&semi;"><span lang&equals;"ru">The year only begins&comma; so many questions are still unanswered or unasked&period; Make sure to return to these pages for a fresh portion of well-researched financial news&period; A good Forex trader is a person who’s always aware of at least the main financial and political trends as it’s the only way to get the keys to a deeper understanding of this risky market&period; <&sol;span><&sol;p>&NewLine;