[KOL Analysis] Forex Market in the year of 2020:Opportunity lies upon us-Ahmad Faizuddin bin Razali

Forex Market in the year of 2020:Opportunity lies upon us

As long as the country's economy still running even at minimal capacity, the value of currency will be there. Only war, or total collapse will diminished currency value.

In 2020, and we are just entering second quarter of this year, the global are facing a very serious threat; PANDEMIC. Covid-19, contagious virus are rapidly spread around the world and disrupt the economy globally.

Till this article written, there is no sign of pandemic slowing down and the situation at the west are worsening. However, differ situation reported from the “ground-zero”, China which shown some positive and remarkable progress in fighting the pandemic.

The question come, what will happen to the FOREX market today, and the whole year of 2020？.

FOREX is about currency value, who is actually responsible in control the currency value？. Central Bank. Their job is to make sure the value of their respective currency at the appropriate level; not to high, nor to low. It must reflect towards the economic performance and serve as booster.

In 2020, the situation which we are rarely seen before, occurred. Almost all the central bank are doing the same things; reduced their current interest rate. Why？. Because of economic disability due to pandemic situation.

But, the Forex market is still running. Buy and sell are happening all the time. I share with everyone the tips, what currency we should buy and which one sell is better option. Any country shown speeding economic recovery; BUY, and SELL the currency of the country which shown no sign of fast recovery, or hopeless one day by day.

Author:Ahmad Faizuddin bin Razali

Profile:A forex trader since 2014. He is getting serious in this business since 2018 when he decided to quit my daily job and become a full-time trader. Starting from that, he does lots of works to educate trader in this region through out many medium such as online education, offline program, seminar and many more. He is the founder of Malaysian Forex Magazine (MFM), owner of Daily Analysis mini magazine and also creator of Financial Trading WebTV, an online free trading education.

WikiFX App is a third-party inquiry platform for company profiles.WikiFX has collected 17001 forex brokers and 30 regulators and recovered over 300,000,000.00 USD of the victims.

It, possessed by Wiki Co., LIMITED that was established in Hong Kong Special Administrative Region of China, mainly provides basic information inquiry, regulatory license inquiry, credit evaluation for the listed brokers, platform identification and other services. At the same time, Wiki has set up affiliated branches or offices in Hong Kong, Australia, Indonesia, Vietnam, Thailand and Cyprus and has promoted WikiFX to global users in more than 14 different languages, offering them an opportunity to fully appreciate and enjoy the convenience Chinese Internet technology brings. WikiFXs social media account as below:

Facebook:

Singapore Area：https://www.facebook.com/wikifxsingapore/

USA Area：https://www.facebook.com/WikiFX.US

Nigeria Area：https://www.facebook.com/WikiFX.ng

LinkedIn:

Nigeria Area：https://www.linkedin.com/company/31506916

Twitter：

Nigeria Area：https://twitter.com/WikiFX_NG

Wiki Forum Forum Function:

In order to help more investors, WikiFX has launched the “WikiFX Forum” forum, which aims to provide urgently needed and professional services to Nigerian forex investors.

The exposure function of “WikiFX Forum” includes the following features:

1: Allow investors who have been defrauded by illegal broker to complain directly in the forum (as shown in the screenshots)

As long as there is sufficient evidence, a review panel and an executive team will contact the broker to discuss the complaint or expose it directly through the media. Here are the exposure channels:

2: Block low score brokers from entering the forum

3: Monitor suspicious communication in real time, and directly spot and deal with suspicious fraud;

4: Negotiate with highly reliable brokers selected by WikiFX in the secure environment of WikiFX Forum.

WikiFX APP exposure channel: https://activities.wikifx.com/gather/indexng.html

Information page to understand forex scam and exposure channel: https://activities.wikifx.com/gather/indexng.html

Website exposure channel: https://exposure.wikifx.com/ng_en/revelation.html

Worried about missing out latest trends in the volatile market？ WikiFX ‘News Flash’ is here to help!

With 24-hour real-time update of forex market data by minute, you can seize the opportunity of every bullish market! Bookmark the link below and follow the market trends immediately!

Singapore Area：https://live.wikifx.com/sg_en/7x24.html

USA Area：https://live.wikifx.com/us_en/7x24.html

Nigeria Area：https://live.wikifx.com/ng_en/7x24.html