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A forex market forecast predicts currency price movements based on factors like economic reports, interest rates, geopolitical events, and technical analysis. Traders use these forecasts to guide their decisions on buying or selling currency pairs. Key economic indicators, such as GDP, inflation, and employment data, play a crucial role in shaping market expectations. Technical tools, including trend lines and oscillators, help assess short-term price directions. However, due to the forex market's volatility and the influence of u
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