The value of a currency is dependent on the demand for currency. Different countries have different currencies and for the purpose of trading goods and services, it is necessary to have currency of that particular country. Traders make use of these forex strategies with aim to make profits. Trading of currency is usually carried out in pairs and the rate at which they are exchanged is termed as currency exchange rate. Currencies are traded 24/7 and this makes it very volatile. There are two dif...