Forex What will Forex market look like in 2024?

[Good-Guy]

It has been almost 10 days since the new year has started. There are many people who are quite optimistic about then new year. having said that, the year 2024 is expected to be much harder than the previous year. This is because there are many different kinds of factors that could play a huge role when it comes to Forex market.

Inflation might grow and businesses might have a really huge impact on the overall economy. Under such kind of circumstances, people can expect many things. In fact, they may never expect many things on the other hand. Regardless of this, some reports have suggested that the Forex market never performed that well in the year 2023.

This might be due to many different kinds of factors. When it comes to the year 2024, traders must realise that the odds may not be in their favor either. So, they must invest money in the right kind of currency that may perform well this year. This could be a pretty hard thing to do considering the fact that any kind of Forex pair could perform better or worst at any time. This is exactly something that happened in the year 2023. So, what will the Forex market look like in 2024?

 

[moonchild]

Forex market might be volatile in 2024 but it's just a forecast, no one basically no what a market will do, we are just speculators, the best thing to do is to just follow price, if it goes up, you buy, I've been trading for the past 10 days and took some losses and also made some wins.

I think it might be the way it has been in 2023, unless maybe a black swan happened like Covid or Spanish Flu, but all things being equal we'll have a good trading year, if we become open to learning and practicing our craft