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CHFJPY Threatens Positive Stability – Forecast for July 25, 2024

The CHFJPY currency pair has experienced several negative waves, leading it to fall below the support line of its bullish channel at 173.20. The...

What is the Best Currency to Pay in When Abroad?

When traveling abroad, one of the key decisions you’ll need to make is what currency to use for payments. This decision can significantly impact...

Is CHF Higher Than Euro?

When comparing currencies, such as the Swiss Franc (CHF) and the Euro (EUR), several factors come into play, including their historical performance, economic stability,...

What Countries’ Currency Is Backed by Gold?

The gold standard, a monetary system where a country's currency or paper money has a value directly linked to gold, has a long and...

USDCAD Maintains Negative Outlook

Today, July 17, 2024 - The USDCAD price made an attempt to breach the $1.3690 level but concluded yesterday's session below it, reinforcing the...

CADJPY Ends Correction, Poised for Upside

Today, July 17, 2024 - The CADJPY price has concluded its correctional decline by testing and settling above the additional support level at 115.40,...

EURJPY Awaits Breakthrough of Resistance Barrier

Today, July 17, 2024 - The EURJPY pair concluded yesterday's session near the 172.90 level, which has acted as a significant barrier to the...

GBPJPY Seeks New Momentum

Today, July 17, 2024 - The GBPJPY pair encountered resistance near the 205.30 level, unable to sustain above it as stochastic indicators exited from...

Copper Price Maintains Negative Outlook

Today, July 17, 2024 - Copper prices have persisted in a negative trajectory, marking new declines to settle below $4.4600. Stochastic indicators reaching oversold...

Which Forex is Best for Day Trading?

Forex (foreign exchange) trading is a dynamic market where traders buy and sell currency pairs with the aim of profiting from short-term price movements....

What is the Most Wanted Currency?

In the complex world of global finance, currencies play a pivotal role in facilitating international trade, investment, and economic stability. Some currencies are highly...

What is the Strongest Currency in Asia?

Currency strength is a crucial indicator of economic stability and global influence. In Asia, various currencies play significant roles in regional trade, investment attractiveness,...

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