Is it worth investing in EUR/USD?

[Emiliia]

In my opinion, investing in the EUR/USD currency pair can be quite profitable, but, as in any other area of trading, you need to analyze the market and have a clear strategy.
EUR/USD is one of the most possibly liquid currency pairs in the world, which provides a large number of stakes for traders. Since the price of this pair can change depending on economic news, political events, and other factors, it creates opportunities for profit. So I don't know what to do. What can you advise me?

[Polly]

Hi, yes, I understand your excitement about EUR/USD. I started with this pair myself. For a beginner, this is a good option, but you need to keep in mind that the rate is influenced by many factors - from economic news to bank forecasts. If you want to understand the forecasts more clearly, check out this website https://roboforex.com/beginners/anal...nd-prediction/ . They often publish up-to-date analytical forecasts for EUR/USD. It helped me avoid some mistakes, especially in the beginning.

[StacyBee]

I stumbled upon your conversation by accident. It's interesting that many people are now interested in forex, but they don't always start by studying the currency pair itself. It always surprises me how people try to delve into the details right away, not paying attention to the basics. I believe that before following complicated forecasts, you should simply understand how the currency market works in general. The main thing is to go step by step, and then everything will become clearer.