During the intraday what are the factors or forces that cause fluctations in a currency pair
Just about anything. Political events, economic events, terrorism, commodity prices, market sentiment.
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See but it is noted that retail traders trade mostly do not move the market then who are the forces that influence it during the day I mean I know those factors you mention above what I mean is during the day,say every minute,seco
nd movement
Market makers and large institutions, ( Central banks ) Handfull of big rollers, but they hedge. Mostly the movemet you see is your broker positioning itself to make more money on getting a better price. Some move the price visually on a chart, but sometimes they accumulate behind the closed doors, then drop orders at one time or in large packets, which causes spikes in the charts.
Every single day, the price knows where its going, and where its going to consolidate.
Every Big trader has a target price, and a price they need before making a trade.
So look at it as “Setting Up” for a move, and getting better price for the money before hand.
Its really just an visual illusion, to be honest.